Ostara Initiative

Analysis

Ostara Initiative is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Ostara Initiative reported income of $1.6m and spending of $914k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $1.6m (+238%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 77% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Ostara Initiative sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Jail Guitar Doors ($1.6m), Multicultural Media Telecom and Internet Council ($1.6m) and Wilmington Hope Commission ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Other salaries and wages came to $452k. At year end it held assets of $1.2m against liabilities of $34k, net assets of $1.1m. It reported 10 employees.