Friends of Ostomates Worldwide - USA Inc

Analysis

Friends of Ostomates Worldwide - USA Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Friends of Ostomates Worldwide - USA Inc reported income of $196k and spending of $229k, spending 117% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income fell from $515k to $196k (-62%), an average of -28% a year. The sharpest change came in the year to July 2022, when income dropped by 66%. Over the whole period it spent 64% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Ostomates Worldwide - USA Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Love for Myanmar ($196k), New Hope Centre Inc ($196k) and Medical Missions International Inc ($196k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $765k against liabilities of $0, net assets of $765k.