Odyssey House Louisiana Inc

Analysis

Odyssey House Louisiana Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Odyssey House Louisiana Inc reported income of $35.9m and spending of $31.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $35.9m (+194%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 70%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Odyssey House Louisiana Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Brandman Centers for Senior Care Inc ($35.9m), Lifeline Connections ($35.9m) and Health Choice Network Inc ($35.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $654k (2.1% of expenses). Other salaries and wages came to $14.8m. At year end it held assets of $20.9m against liabilities of $6.2m, net assets of $14.6m. It reported 392 employees.