Oda Foundation

Analysis

Oda Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 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, Oda Foundation reported income of $128k and spending of $171k, spending 133% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $224k to $128k (-43%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Oda Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include The Redemption Project ($128k), Gods Little Ones Inc ($128k) and Ukraine Volya Foundation ($128k).

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 $24k against liabilities of $0, net assets of $24k.