Oswego Health Foundation Inc

Analysis

Oswego Health Foundation Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Oswego Health Foundation Inc reported income of $689k and spending of $980k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $689k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oswego Health Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include United Way of the West Shore ($688k), Social Justice Charitable Foundation ($689k) and Newman and Zeneth Ward Family Foundation ($688k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $78k, net assets of $1.5m.