Ostara

Analysis

Ostara is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ostara reported income of $90k and spending of $131k, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $177k to $90k (-49%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 243%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ostara sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Rise Above Group Incorporated ($90k), National Coalition of 100 Black Women Silicon Valley Chapter ($90k) and B3 Coffee ($90k).

At year end it held assets of $1.6m against liabilities of $104k, net assets of $1.4m.