Rho Omicron Foundation

Analysis

Rho Omicron Foundation is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in July 2016, 10 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, Rho Omicron Foundation reported income of $95k and spending of $98k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $95k (+3.1%), an average of +3.1% a year. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rho Omicron Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within LA. Charities of a similar size with the same main cause include Hello Montessori NFP ($95k), Omega Nu Phi Educational Center Onpec ($95k) and Clearcreek I S D Support Groups ($95k).

At year end it held assets of $79k against liabilities of $0, net assets of $79k.