Oftc Foundation Inc
Analysis
Oftc Foundation Inc is a registered charity in United States, based in Dublin, GA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Oftc Foundation Inc reported income of $403k and spending of $303k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $71k to $403k (+472%), an average of +55% a year. The sharpest change came in the year to June 2022, when income rose by 419%. Over the whole period it spent 58% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oftc Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include China Spring Athletic Booster Club ($403k), Organization Development Network Inc ($403k) and DCPS Properties ($403k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.2m against liabilities of $1,449, net assets of $1.2m.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| China Spring Athletic Booster Club | China Spring | $403k |
| Organization Development Network Inc | Minneapolis | $403k |
| DCPS Properties | Sylmar | $403k |
| South Suburban College Foundation | South Holland | $403k |