Ohr Olam Corp

Analysis

Ohr Olam Corp is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ohr Olam Corp reported income of $959k and spending of $897k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $959k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ohr Olam Corp sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include The Global Forefront ($959k), Streams International Foundation ($960k) and Mephibosheth Ministries Inc ($958k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. At year end it held assets of $92k against liabilities of $286k, net assets of -$194k.