Organization of Iranian American Communities Oiac Inc

Analysis

Organization of Iranian American Communities Oiac Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2014, 12 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 (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, Organization of Iranian American Communities Oiac Inc reported income of $346k and spending of $345k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $346k (+118%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Organization of Iranian American Communities Oiac Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Hope Corps ($346k), Advocates of Love Inc ($346k) and Peace and Hope International ($346k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.