Obon Society

Analysis

Obon Society is a registered charity in United States, based in Astoria, OR. It received its IRS tax-exemption ruling in August 2018, 8 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, Obon Society reported income of $75k and spending of $124k, spending 166% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $75k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Obon Society sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Norton County Community Service Association ($75k), Thrive Flint Hills Foundation ($75k) and Southern Webster County Food Pantry ($75k).

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 $45k against liabilities of $16k, net assets of $29k.