Omnipeace Foundation Inc

Analysis

Omnipeace Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Omnipeace Foundation Inc reported income of $361k and spending of $235k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $361k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 337%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Omnipeace 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 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Frankenmuth Historical Association ($361k), Community Arts and Culture Inc ($361k) and Stone Quarry Hill Art Park Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $206k against liabilities of $111k, net assets of $95k.