Open Source Imaging Consortium Inc

Analysis

Open Source Imaging Consortium Inc is a registered charity in United States, based in Saugatuck, MI. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Open Source Imaging Consortium Inc reported income of $1.3m and spending of $2.4m, spending 180% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $1.3m (+0.0%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Open Source Imaging Consortium 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 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Pa Elks Major Projects Inc ($1.3m), Spastic Paraplegia Foundation Inc ($1.3m) and Circle of Hope Health Care Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.0m against liabilities of $269k, net assets of $2.8m.