Ocamora Foundation Inc

Analysis

Ocamora Foundation Inc is a registered charity in United States, based in Ocate, NM. It received its IRS tax-exemption ruling in September 1982, 44 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, Ocamora Foundation Inc reported income of $94k and spending of $80k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $94k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ocamora Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within NM. Charities of a similar size with the same main cause include Roofers Local 97 Joint Apprenticeship and Special ($94k), Parent Booster USA Inc ($94k) and Accreditation Council for Post Residency Specialty Education Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.