Omni-Governor Inc

Analysis

Omni-Governor Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Omni-Governor Inc reported income of $663k and spending of $784k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $585k to $663k (+13%), an average of +3.2% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Omni-Governor Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within RI. Charities of a similar size with the same main cause include Danville Senior Housing Inc ($663k), Wasco Affordable Housing Inc ($663k) and Gruber Mill Inc ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Other salaries and wages came to $149k. At year end it held assets of $2.7m against liabilities of $4.7m, net assets of -$2.0m. It reported 8 employees.

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.