Ocoee Foundation Inc

Analysis

Ocoee Foundation Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ocoee Foundation Inc reported income of $77.8m and spending of $73.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $42.5m to $77.8m (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ocoee Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Miami Beach Community Health Center Inc ($77.7m), Valley Behavioral Health Incorporated ($77.8m) and Enumclaw Regional Hospital Association ($77.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $550k (0.8% of expenses). Other salaries and wages came to $33.3m. At year end it held assets of $63.1m against liabilities of $22.9m, net assets of $40.2m. It reported 1,475 employees.