Bennet Omalu Foundation

Analysis

Bennet Omalu Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bennet Omalu Foundation reported income of $196k and spending of $196k, spending 100% of its income. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bennet Omalu Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Tyler Junior Golf Foundation ($196k), Thomas M Brennan Memorial Foundation ($196k) and Taft Tiger Boosters ($196k).

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 $1,231 against liabilities of $0, net assets of $1,231.