Omega Graduate School Inc

Analysis

Omega Graduate School Inc is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in March 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Omega Graduate School Inc reported income of $464k and spending of $445k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $463k to $464k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omega Graduate School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Charles R Bishop Trust ($464k), Tobin Project Inc ($464k) and LA Child Care Reimbursement Program Inc ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $191k (43% of expenses). At year end it held assets of $793k against liabilities of $23k, net assets of $770k. It reported 16 employees.