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Odylia Therapeutics Inc

RegisteredEIN 82-2120760Atlanta, GAHealth and saving lives
Income$571k2023-12
Spending$867ksame year
Spent / received124%5-year average
Size in its cause57th pctHealth and saving lives
Exempt since2018Publicly supported organisat
Employees4latest return

Analysis

Odylia Therapeutics Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover medical research, 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, Odylia Therapeutics Inc reported income of $571k and spending of $867k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $571k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 467%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Odylia Therapeutics Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Upper Ohio Valley Sexual Assault ($571k), New Creation Foundation Inc ($571k) and Center for Counseling Families Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $231k (27% of expenses). Other salaries and wages came to $251k. At year end it held assets of $9.7m against liabilities of $41k, net assets of $9.6m. It reported 4 employees.

Income and spending

$0$366k$733k$1.1m$1.5m2019 Income: $1,275,8472019 Spending: $1,465,74220192020 Income: $60,5282020 Spending: $460,91020202021 Income: $343,4802021 Spending: $498,27120212022 Income: $1,098,4012022 Spending: $866,47320222023 Income: $570,7732023 Spending: $867,2362023
IncomeSpending

Where the income comes from

  • Contributions & grants 51%
  • Program services 42%
  • Other 7.1%

Similar-sized charities, same cause

CharityLocationIncome
Upper Ohio Valley Sexual AssaultWheeling$571k
New Creation Foundation IncTroup$571k
Center for Counseling Families IncFalls Church$571k
Outdoor Sports Institute IncCaribou$571k