Oomit Corporation

Analysis

Oomit Corporation is a registered charity in United States, based in Greencastle, PA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Oomit Corporation reported income of $113k and spending of $113k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $99k to $113k (+14%), an average of +4.4% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oomit Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include New Times Culture and Education Center Inc ($113k), Norfolk Area Concert Assoc Inc ($113k) and Grand Design Inc ($113k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $82k. At year end it held assets of $41 against liabilities of $0, net assets of $41.