Ocoee Regional Health Corporation

Analysis

Ocoee Regional Health Corporation is a registered charity in United States, based in Benton, TN. It received its IRS tax-exemption ruling in June 1978, 48 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 January 2024, Ocoee Regional Health Corporation reported income of $6.8m and spending of $6.9m, spending 101% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $6.7m to $6.8m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to January 2022, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ocoee Regional Health Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Settlement Club ($6.8m), Austin Lifecare Inc ($6.8m) and Community Rehabilitation Center Inc ($6.8m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $579k (8.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $14.6m against liabilities of $222k, net assets of $14.4m. It reported 76 employees.