Osmosis Education Mentoring Initiative

Analysis

Osmosis Education Mentoring Initiative is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Osmosis Education Mentoring Initiative reported income of $129k and spending of $93k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $129k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Osmosis Education Mentoring Initiative sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Parker Volunteer Fire Department ($129k), Pueblos de Lucha Y Esperanza ($129k) and Vernon County Respite Care Inc ($129k).

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 $30k against liabilities of $1,308, net assets of $29k.