Osma Foundation

Analysis

Osma Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 1991, 35 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 December 2023, Osma Foundation reported income of $373k and spending of $296k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $373k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Osma Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include Brian Jordan Back to the Future Foundation ($373k), Human Service Chamber Foundation ($373k) and Moon Area Band Parent Organization Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.