Friends of Odyssey Impact Inc

Analysis

Friends of Odyssey Impact Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Odyssey Impact Inc reported income of $413k and spending of $51k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $413k (-80%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 183% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Odyssey Impact Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Interhope Inc ($413k), Believers in Christ Tabernacle ($413k) and Shalom of Texas Ministries ($413k).

At year end it held assets of $7.1m against liabilities of $1, net assets of $7.1m.