Ozanam Inn

Analysis

Ozanam Inn is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Ozanam Inn reported income of $2.7m and spending of $3.2m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.7m (+78%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 67%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ozanam Inn 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 88th percentile, and in the 88th percentile within LA. Charities of a similar size with the same main cause include Shelter Housing Corporation ($2.7m), MP Preservation Inc ($2.7m) and Partners in Hope Inc ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $115k (3.6% of expenses). Other salaries and wages came to $322k. At year end it held assets of $6.9m against liabilities of $4.4m, net assets of $2.6m. It reported 22 employees.