Omna Inc

Analysis

Omna Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Omna Inc reported income of $67k and spending of $51k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $67k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omna Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within AL. Charities of a similar size with the same main cause include Friends of Plum Beach Lighthouse Inc ($67k), Walla Walla Swim Club Endowment Board ($67k) and PTA North Carolina Congress ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $382k against liabilities of $42k, net assets of $339k.