On Our Way Home Inc

Analysis

On Our Way Home Inc is a registered charity in United States, based in New Richmond, OH. It received its IRS tax-exemption ruling in December 2019, 7 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 December 2023, On Our Way Home Inc reported income of $54k and spending of $156k, spending 289% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $166k to $54k (-67%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, On Our Way Home Inc sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Canon Barcus Inc ($54k), Supportive Housing Inc ($54k) and Kaycee Senior Housing Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 140% of the total. Compensation of current officers, directors and key employees was $72k (46% of expenses). At year end it held assets of $653k against liabilities of $602k, net assets of $52k. It reported 4 employees.