Oher Foundation Inc

Analysis

Oher Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Oher Foundation Inc reported income of $289k and spending of $331k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1,700 to $289k (+16875%), an average of +261% a year. The sharpest change came in the year to December 2022, when income rose by 1671%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Oher Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Utopia Resource Center Greater Ny Inc ($289k), Watching Hills Baseball & Softball Inc ($289k) and Urban Youth Legacy Foundation Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Other salaries and wages came to $80k. At year end it held assets of $72k against liabilities of $0, net assets of $72k. It reported 2 employees.