Om Charitable TR of USA

Analysis

Om Charitable TR of USA is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Om Charitable TR of USA reported income of $636k and spending of $1.3m, spending 206% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.1m to $636k (-41%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Om Charitable TR of USA sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Imperial Valley Community Foundation ($635k), Hollywood Charity Horse Show ($637k) and Spirit of Charity Foundation ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.