Christian Okoye Foundation

Analysis

Christian Okoye Foundation is a registered charity in United States, based in Alta Loma, CA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Christian Okoye Foundation reported income of $101k and spending of $98k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $1.0m to $101k (-90%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 94%. Over the whole period it spent 16% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Christian Okoye Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include National Charity League Inc Sunflower Chapter ($101k), American Special Childrens ($101k) and Regents of the University of Minnesota ($101k).

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 $5,779 against liabilities of $0, net assets of $5,779.