Och Holdings

Analysis

Och Holdings is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Och Holdings reported income of $1.6m and spending of $3.1m, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $36.1m to $1.6m (-96%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Och Holdings sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Blue Ridge Womens Center Inc ($1.6m), Vermonts Camp Takumta ($1.6m) and Faris Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Other salaries and wages came to $4,546. At year end it held assets of $57.0m against liabilities of $65.6m, net assets of -$8.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.