Omkwm

Analysis

Omkwm is a registered charity in United States, based in LA Habra, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Omkwm reported income of $82k and spending of $155k, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $980k to $82k (-92%), an average of -46% a year. The sharpest change came in the year to December 2022, when income rose by 379%. Over the whole period it spent 43% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Omkwm sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include American Buddhist Study Center Inc ($82k), Islamic School of Silicon Valley ($82k) and Gods Word for Warriors ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (20% of expenses). At year end it held assets of $998k against liabilities of $653, net assets of $997k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.