Oromo Community Organization

Analysis

Oromo Community Organization is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Oromo Community Organization reported income of $63k and spending of $47k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $72k to $63k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oromo Community Organization sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include Downtown Mantua Revitalization Corporation ($63k), 4 Knowledge Is Power Inc ($63k) and International Chemical Biology Society ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. At year end it held assets of $476k against liabilities of $251k, net assets of $225k.