Omni Family Health Community Foundation

Analysis

Omni Family Health Community Foundation is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Omni Family Health Community Foundation reported income of $195k and spending of $227k, spending 117% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $89k to $195k (+119%), an average of +30% a year. The sharpest change came in the year to March 2023, when income rose by 83%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Omni Family Health Community Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include New Hope for Guatemala Incorporated ($195k), Strengthening Families All Around the World Inc ($195k) and City District Inc ($195k).

At year end it held assets of $23.0m against liabilities of $23.0m, net assets of -$42k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.