Osteogenesis Imperfecta Foundation Inc

Analysis

Osteogenesis Imperfecta Foundation Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Osteogenesis Imperfecta Foundation Inc reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.2m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Osteogenesis Imperfecta Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Plan a Health Inc ($2.2m), Southern Crescent Sexual Assault Center ($2.2m) and Appalachian Community Health Center Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $236k (11% of expenses). Other salaries and wages came to $735k. At year end it held assets of $2.3m against liabilities of $671k, net assets of $1.7m. It reported 13 employees.