Obazu National Council U S a Incorporated

Analysis

Obazu National Council U S a Incorporated is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in February 2001, 25 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, Obazu National Council U S a Incorporated reported income of $58k and spending of $66k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $58k (+4.0%), an average of +4.0% a year. Over the whole period it spent 122% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Obazu National Council U S a Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Maine Better Transportation Educational Foundation ($58k), 21st Area Boosters Inc ($58k) and Bloomfield Township Fire Department Charities Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.1% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.