Odyssey House Inc

Odyssey House Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 136217765 · New York, NY · NTEE: F220 · Updated: 2026-03-28

$46.0MRevenue
$90.6MAssets
80/100Mission Score (Excellent)
F220
Odyssey House Inc Financial Summary
MetricValue
Total Revenue$46.0M
Total Expenses$37.0M
Program Spending85%
CEO/Top Officer Pay$45,964,432
Net Assets$9.4M
Transparency Score80/100

Is Odyssey House Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Odyssey House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Odyssey House Inc

Odyssey House Inc (EIN: 136217765) is a nonprofit organization based in New York, NY, classified under NTEE code F220. The organization reported total revenue of $46.0M and total assets of $90.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Odyssey House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

59Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Odyssey House Inc is a large nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$38.2M
Total Expenses$37.0M
Surplus / Deficit+$1.2M
Total Assets$70.9M
Total Liabilities$61.6M
Net Assets$9.4M
Operating Margin3.1%
Debt-to-Asset Ratio86.8%
Months of Reserves23.0 months

Financial Health Grade: A

In 2023, Odyssey House Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 23.0 months of operating reserves (strong position), has a debt-to-asset ratio of 86.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Odyssey House Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+18.7%+14.7%+30.9%
2022+7.0%+5.2%-0.2%
2021-13.1%-5.9%+2.7%
2020-1.7%-8.4%+7.1%
2019+19.5%+18.6%-5.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1967

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Odyssey House Inc. demonstrates a consistent operational history with revenues generally exceeding expenses in recent years, indicating sound financial management. For instance, in 2023, revenue was $38,162,246 against expenses of $36,997,148, resulting in a surplus. The organization's assets have shown significant growth, nearly doubling from $47,113,524 in 2015 to $90,581,657 currently, suggesting effective asset accumulation and potentially reinvestment into its mission. However, a notable aspect of their financial reporting is the consistent 0% officer compensation reported across all available filings. While this might suggest a highly volunteer-driven leadership or that compensation is reported under different categories, it warrants further investigation for complete transparency regarding executive remuneration. The organization's NTEE code F220 (Substance Abuse Prevention & Treatment) aligns with a critical social need, and their financial stability suggests a capacity to deliver on this mission. Overall, Odyssey House appears to be in a healthy financial position, with growing assets and generally positive operating margins. The lack of reported officer compensation is an unusual data point that could be clarified for enhanced transparency, but it doesn't immediately indicate financial distress. Their consistent growth in assets and revenue over the past decade points to a well-managed and expanding operation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Odyssey House Inc with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Odyssey House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$38.2MTotal Revenue
$37.0MTotal Expenses
$70.9MTotal Assets
$61.6MTotal Liabilities
$9.4MNet Assets
  • The organization reported a surplus of $1.2M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 86.8%.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation across all available periods. This is highly unusual for an organization of this size ($45,964,432 latest revenue, $90,581,657 assets) and warrants further inquiry to understand how executive leadership is compensated or if it's reported under other expense categories.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Odyssey House Inc's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive remuneration practices.

Strengths

The following positive indicators were identified for Odyssey House Inc:

  • Strong asset growth, nearly doubling from $47,113,524 in 2015 to $90,581,657 currently.
  • Consistent revenue generation, with latest revenue at $45,964,432.
  • Generally positive operating margins in recent years, with revenue exceeding expenses (e.g., 2023 revenue $38,162,246 vs. expenses $36,997,148).
  • Long operational history with 13 IRS 990 filings, indicating established presence and stability.

Frequently Asked Questions about Odyssey House Inc

Is Odyssey House Inc a legitimate charity?

Odyssey House Inc (EIN: 136217765) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $46.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Odyssey House Inc spend its money?

Odyssey House Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Odyssey House Inc tax-deductible?

Odyssey House Inc is registered as a tax-exempt nonprofit (EIN: 136217765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Odyssey House Inc CEO make?

Odyssey House Inc's highest-compensated officer earns $45,964,432 annually. The organization reported $46.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Odyssey House Inc's spending goes to programs?

Odyssey House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Odyssey House Inc compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Odyssey House Inc is above average for NTEE category F220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Odyssey House Inc located?

Odyssey House Inc is headquartered in New York, New York and files with the IRS under EIN 136217765. It is classified under NTEE code F220.

How many years of IRS 990 filings does Odyssey House Inc have?

Odyssey House Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $46.0M in total revenue.

Is Odyssey House Inc. financially stable?

Yes, Odyssey House Inc. appears financially stable. Their latest revenue of $45,964,432 significantly exceeds their expenses, and their assets have grown substantially from $47,113,524 in 2015 to $90,581,657 currently, indicating strong financial health and growth.

How does Odyssey House Inc. manage its executive compensation?

The IRS 990 filings consistently report 0% officer compensation. This is an unusual reporting practice for an organization of this scale and suggests that executive compensation might be categorized differently or that leadership is entirely volunteer-based, which would require further clarification for full transparency.

What is the trend in Odyssey House Inc.'s assets and liabilities?

Odyssey House Inc. has shown significant asset growth, nearly doubling from $47,113,524 in 2015 to $90,581,657 currently. Liabilities have also increased, but at a slower pace, maintaining a healthy asset-to-liability ratio, for example, $70,938,481 in assets vs. $61,566,157 in liabilities in 2023.

Filing History

IRS 990 filing history for Odyssey House Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Odyssey House Inc's revenue has grown by 48.8%, moving from $25.6M to $38.2M. Total assets increased by 149.4% over the same period, from $28.4M to $70.9M. Total functional expenses rose by 46.6%, from $25.2M to $37.0M. In its most recent filing year (2023), Odyssey House Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $61.6M in liabilities against $70.9M in assets (debt-to-asset ratio: 86.8%), resulting in net assets of $9.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $38.2M $37.0M $70.9M $61.6M View 990
2022 $32.2M $32.3M $54.2M $46.0M View 990
2021 $30.0M $30.7M $54.3M $46.0M View 990
2020 $34.6M $32.6M $52.9M $44.0M View 990
2019 $35.2M $35.5M $49.4M $42.5M View 990
2018 $29.4M $30.0M $52.2M $44.9M View 990
2017 $28.9M $30.4M $54.4M $46.6M View 990
2016 $28.1M $30.0M $54.2M $44.8M View 990
2015 $29.1M $29.8M $47.1M $35.8M View 990
2014 $31.4M $28.1M $42.2M $30.1M View 990
2013 $28.5M $26.5M $31.5M $22.8M View 990
2012 $26.2M $25.9M $31.1M $24.4M View 990
2011 $25.6M $25.2M $28.4M $22.1M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $38.2M, expenses of $37.0M, and assets of $70.9M (revenue +18.7% year-over-year).
  • 2022: Revenue of $32.2M, expenses of $32.3M, and assets of $54.2M (revenue +7.0% year-over-year).
  • 2021: Revenue of $30.0M, expenses of $30.7M, and assets of $54.3M (revenue -13.1% year-over-year).
  • 2020: Revenue of $34.6M, expenses of $32.6M, and assets of $52.9M (revenue -1.7% year-over-year).
  • 2019: Revenue of $35.2M, expenses of $35.5M, and assets of $49.4M (revenue +19.5% year-over-year).
  • 2018: Revenue of $29.4M, expenses of $30.0M, and assets of $52.2M (revenue +1.9% year-over-year).
  • 2017: Revenue of $28.9M, expenses of $30.4M, and assets of $54.4M (revenue +2.7% year-over-year).
  • 2016: Revenue of $28.1M, expenses of $30.0M, and assets of $54.2M (revenue -3.3% year-over-year).
  • 2015: Revenue of $29.1M, expenses of $29.8M, and assets of $47.1M (revenue -7.4% year-over-year).
  • 2014: Revenue of $31.4M, expenses of $28.1M, and assets of $42.2M (revenue +10.3% year-over-year).
  • 2013: Revenue of $28.5M, expenses of $26.5M, and assets of $31.5M (revenue +8.5% year-over-year).
  • 2012: Revenue of $26.2M, expenses of $25.9M, and assets of $31.1M (revenue +2.4% year-over-year).
  • 2011: Revenue of $25.6M, expenses of $25.2M, and assets of $28.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Odyssey House Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Odyssey House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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