Oromo Resource Center of Minnesota

Analysis

Oromo Resource Center of Minnesota is a registered charity in United States, based in Fridley, MN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Oromo Resource Center of Minnesota reported income of $199k and spending of $168k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $570k to $199k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oromo Resource Center of Minnesota sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include International Society for Environmentally Acquired Illness ($199k), Seeds of New Leaf Inc ($199k) and Paloma School Parent Teacher Organization ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.