Osia Charitable & Educational Trust

Analysis

Osia Charitable & Educational Trust is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Osia Charitable & Educational Trust reported income of $62k and spending of $107k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $62k (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2023, when income rose by 781%. Over the whole period it spent 143% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Osia Charitable & Educational Trust sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Swisher Memorial Hospitalfoundation ($62k), United Way of Paulding County ($62k) and Toledo Community Foundation ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $585k against liabilities of $5,670, net assets of $580k.