Omnia Institute for Contextual Leadership

Analysis

Omnia Institute for Contextual Leadership is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1976, 50 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Omnia Institute for Contextual Leadership reported income of $356k and spending of $390k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $224k to $356k (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 174% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omnia Institute for Contextual Leadership sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Arts Council of Rock Hill and York County ($356k), Heritage Christian School Foundation ($356k) and Advocates for Homeless & Those in Need Inc ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (24% of expenses). Other salaries and wages came to $60k. At year end it held assets of $688k against liabilities of $9,844, net assets of $678k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.