Oula Inc

Analysis

Oula Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in April 2012, 14 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, Oula Inc reported income of $273k and spending of $467k, spending 171% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $486k to $273k (-44%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oula Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Edututor of Virginia Inc ($273k), Nexus Trust ($273k) and North American Police Work Dog Association ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $162k. At year end it held assets of $384k against liabilities of $317, net assets of $383k. It reported 2 employees.