Ozanam Charitable Pharmacy Inc

Analysis

Ozanam Charitable Pharmacy Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 1998, 28 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 (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 Charitable Pharmacy Inc reported income of $3.8m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $3.8m (+77%), an average of +15% a year. The sharpest change came in the year to September 2020, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ozanam Charitable Pharmacy Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Belgrade Nursing Home ($3.8m), Eye Care for Kids - Group Return ($3.8m) and TRC the Recovery Center ($3.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (1.9% of expenses). Other salaries and wages came to $252k. At year end it held assets of $616k against liabilities of $194k, net assets of $422k. It reported 14 employees.