Omnichen Solutions Inc

Analysis

Omnichen Solutions Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Omnichen Solutions Inc reported income of $196k and spending of $193k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $196k (+0.2%), an average of +0.2% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Omnichen Solutions Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Alamo Area Development Corporation ($196k), Placer People of Faith Together ($196k) and Dalton S Food Pantry Inc ($196k).

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 $500k against liabilities of $240k, net assets of $259k.