Okni Foundation

Analysis

Okni Foundation is a registered charity in United States, based in Encino, CA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Okni Foundation reported income of $89k and spending of $84k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $89k (+613%), an average of +613% a year. The sharpest change came in the year to December 2023, when income rose by 613%. Over the whole period it spent 133% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Okni Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Serving All Vessels Equally ($89k), Miracle League of Central Ohio Inc ($89k) and Rise International Inc ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,444 against liabilities of $0, net assets of $7,444.