Health Care
(E30)
IRS Verified
DX Registered
990 on File
OCEAN HEALTH INITIATIVES INC
CharityAI™ Score
Not yet evaluated
Mission Statement
Ocean Health Initiatives, Inc. (OHI) is dedicated to providing quality, accessible and comprehensive primary health care to the residents of Ocean County; regardless of economic status. We accomplish this mission by promoting healthy behaviors and lifestyle choices through educational outreach and providing the tools needed to maintain optimum physical and emotional health.
Financial Overview — FY 2024
$30.3M
Total Revenue
$26.1M
Total Expenses
$16.2M
Net Assets
260
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.1%
Fundraising Efficiency
0.0%
Operating Reserve
7.42x
Liability-to-Asset
41.2%
Revenue Diversification
69.0%
Executive Compensation
$1.4M
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $30.3M | $26.1M | $16.2M | 83.1% | 260 |
| 2023 | $27.3M | $29.5M | $11.9M | 81.2% | 289 |
| 2022 | $30.7M | $28.9M | $14.0M | 81.4% | 315 |
| 2021 | $32.7M | $28.0M | N/A | — | 334 |
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