Ovi Violet International

Analysis

Ovi Violet International is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Ovi Violet International reported income of $164k and spending of $175k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $264k to $164k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ovi Violet International sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include Northern Virginia Bengali Ass ($164k), 5loaves2fishnmi ($164k) and Na Kamalii Hoaloha ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $296k against liabilities of $0, net assets of $296k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.