Ops-Mdy Inc

Analysis

Ops-Mdy Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ops-Mdy Inc reported income of $2.8m and spending of $3.0m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $2.8m (+56%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ops-Mdy Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Tma Heritage Foundation Inc ($2.7m), Urbanpromise Ministries Wilmington ($2.8m) and Ke Ali I Pauahi Foundation ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $340k against liabilities of $27k, net assets of $313k. It reported 97 employees.