Omc Regional Foundation

Analysis

Omc Regional Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Omc Regional Foundation reported income of $715k and spending of $323k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $574k to $715k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 54% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Omc Regional Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Missouri Center for Patient Safety ($715k), Community Rebuilds ($715k) and Starlight Therapeutic Riding Center Inc ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $5.9m against liabilities of $16k, net assets of $5.8m.