Osborn Foundation

Analysis

Osborn Foundation is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Osborn Foundation reported income of $1.6m and spending of $1.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $1.6m (+194%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 366%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Osborn Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Willwoods Community ($1.6m), Guadalupe Community Development Corporation Inc ($1.6m) and Union Rescue Mission Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $12k (0.7% of expenses). Other salaries and wages came to $183k. At year end it held assets of $3.6m against liabilities of $100k, net assets of $3.5m. It reported 5 employees.