Optimal Wellness Research Foundation Inc

Analysis

Optimal Wellness Research Foundation Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover health care, 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, Optimal Wellness Research Foundation Inc reported income of $150k and spending of $149k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $150k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Optimal Wellness Research Foundation 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 47th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Metro Foundation ($150k), Bright Twelve Children Foundation ($150k) and Ohio Childrens Hospital Association Foundation ($150k).

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 $854 against liabilities of $0, net assets of $854.