Order of Omega

Analysis

Order of Omega is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2024, Order of Omega reported income of $673k and spending of $671k, spending 100% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $605k to $673k (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Order of Omega sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Hood River New School ($673k), The Light Academy Inc ($673k) and Hammill Institute on Disabilities ($673k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $109k (16% of expenses). Other salaries and wages came to $167k. At year end it held assets of $2.0m against liabilities of $19k, net assets of $2.0m. It reported 8 employees.