Ottoman Studies Foundation Inc

Analysis

Ottoman Studies Foundation Inc is a registered charity in United States, based in Turkey. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Ottoman Studies Foundation Inc reported income of $85k and spending of $68k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $31k to $85k (+174%), an average of +66% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ottoman Studies Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile. Charities of a similar size with the same main cause include Saints Hall of Fame Inc ($85k), Plone Foundation ($85k) and Islip Breast Cancer Coalition Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.