Om Foundation Inc

Analysis

Om Foundation Inc is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Om Foundation Inc reported income of $95k and spending of $55k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $85k to $95k (+12%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Om Foundation Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Auxiliary Board to Virtua West Jersey Health Systems Inc ($95k), North State Cancer League ($95k) and Omaha Area Central Committee Inc ($95k).

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 $128k against liabilities of $0, net assets of $128k.