Ottawa Hospital Research Institute

Analysis

Ottawa Hospital Research Institute is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in March 2006, 20 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).

In the financial year ending March 2024, Ottawa Hospital Research Institute reported income of $103.8m and spending of $104.7m, spending 101% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $89.6m to $103.8m (+16%), an average of +3.8% a year. 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, Ottawa Hospital Research Institute sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Cobre Valley Regional Medical Center ($103.8m), Oaks Integrated Care ($104.0m) and St Anthony Hospital ($103.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $154.3m against liabilities of $131.1m, net assets of $23.1m.

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.