Obioma Onyeador Foundation Inc

Analysis

Obioma Onyeador Foundation Inc is a registered charity in United States, based in Carson, CA. It received its IRS tax-exemption ruling in March 2017, 9 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, Obioma Onyeador Foundation Inc reported income of $99k and spending of $99k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $99k (-4.1%), an average of -4.1% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Obioma Onyeador 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 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include International Egg Foundation ($99k), Willenium Enterprise Foundation ($99k) and Patrons of St Annes School Endowment Fund ($99k).

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 $12k against liabilities of $0, net assets of $12k.