Thomas Mott Osborne Memorial Fund Inc

Analysis

Thomas Mott Osborne Memorial Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1935, 91 years ago. 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 June 2023, Thomas Mott Osborne Memorial Fund Inc reported income of $3.7m and spending of $1.0m, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $983k to $3.7m (+276%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 405%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomas Mott Osborne Memorial Fund Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Beaches Christian Service Corp Inc ($3.7m), Baltimore Healthy Start Inc ($3.7m) and International Computer Science Institute ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $120k. At year end it held assets of $44.7m against liabilities of $28.7m, net assets of $16.0m.