Ollie Steele Burden Manor Inc

Analysis

Ollie Steele Burden Manor Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Ollie Steele Burden Manor Inc reported income of $12.8m and spending of $24.4m, spending 191% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $20.2m to $12.8m (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 138% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ollie Steele Burden Manor Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Baruch S Blumberg Institute ($12.8m), Family and Child Guidance Centers ($12.8m) and Avera Gettysburg ($12.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $9.8m. At year end it held assets of $12.8m against liabilities of $17.8m, net assets of -$5.1m. It reported 232 employees.

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.