Osteopathic Founders Foundation

Analysis

Osteopathic Founders Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 1944, 82 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Osteopathic Founders Foundation reported income of $948k and spending of $1.3m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $979k to $948k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 289%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Osteopathic Founders Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include The Foundation for Peripheral Neuropathy ($948k), Sexual Assault Crisis and Support ($948k) and Alcohol-Drug Council of North Carolina ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $204k (15% of expenses). Other salaries and wages came to $179k. At year end it held assets of $23.3m against liabilities of $805k, net assets of $22.5m. It reported 5 employees.