Omega Foundation Inc

Analysis

Omega Foundation Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Omega Foundation Inc reported income of $139k and spending of $142k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $139k (+11%), an average of +11% a year. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Omega Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Mercy Mission Hope ($139k), World Partnership Foundatioin ($139k) and Mountaintop ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.