Ojeda Foundation

Analysis

Ojeda Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ojeda Foundation reported income of $69k and spending of $66k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $89k to $69k (-23%), an average of -8.4% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ojeda Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Greater Clark County Rotary Foundation Inc ($68k), Greg Ambrose Charity Foundation ($69k) and National Christian Charitable Foundation Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.