Omega Men of Columbia South Carolina Inc

Analysis

Omega Men of Columbia South Carolina Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Omega Men of Columbia South Carolina Inc reported income of $109k and spending of $54k, leaving 51% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $50k to $109k (+119%), an average of +119% a year. The sharpest change came in the year to October 2023, when income rose by 119%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Omega Men of Columbia South Carolina Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Api Middle Tennessee ($109k), Franciscan Monastery Garden Guild ($109k) and Arc of Jackson County Inc ($109k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.