Oyate Group

Analysis

Oyate Group is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2022, 4 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, Oyate Group reported income of $2.6m and spending of $2.1m, spending 80% of its income. The sharpest change came in the year to December 2021, when income rose by 235%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Oyate Group sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Fullmer Legacy Foundation ($2.6m), The Guardsmen ($2.6m) and STEM Alliance of Larchmont-Mamaroneck Inc ($2.6m).

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 $308k (15% of expenses). Other salaries and wages came to $254k. At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $978k. It reported 8 employees.