Gamma Omicron Educational Services Inc

Analysis

Gamma Omicron Educational Services Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gamma Omicron Educational Services Inc reported income of $151k and spending of $131k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $151k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gamma Omicron Educational Services Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Panther Foundation ($151k), Culture Restoration Project Inc ($152k) and Pilot Point Bearcat Club ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $59k, net assets of $0.