Oscf One Step Closer Foundation Inc

Analysis

Oscf One Step Closer Foundation Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Oscf One Step Closer Foundation Inc reported income of $162k and spending of $78k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $162k (+386%), an average of +386% a year. The sharpest change came in the year to December 2023, when income rose by 386%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oscf One Step Closer Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Fitchburg Serenity Club Inc ($162k), Whatever It Takes to Get Back Into the Community ($162k) and Coalition to Cure Chd2 Inc ($162k).

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 $334k against liabilities of $60k, net assets of $274k.