Ozer Olam Inc

Analysis

Ozer Olam Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ozer Olam Inc reported income of $2.0m and spending of $2.0m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.4m to $2.0m (+45%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ozer Olam Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Miami Valley Academies ($2.0m), Chai Preschool Inc ($2.0m) and Spartan Innovation Building Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,477 (0.2% of expenses). At year end it held assets of $122k against liabilities of $102k, net assets of $20k.