Strive House Inc

Analysis

Strive House Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 2017, 9 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 December 2023, Strive House Inc reported income of $764k and spending of $767k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $626k to $764k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Strive House Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Cheyanna Foundation for Children ($764k), Seven Mountains Emergency Medical Services Council Inc ($764k) and American Society of Addiction Medicine Inc ($764k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $171k (22% of expenses). Other salaries and wages came to $348k. At year end it held assets of $23k against liabilities of $0, net assets of $23k. It reported 17 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.