Omni Sports

Analysis

Omni Sports is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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 June 2023, Omni Sports reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.0m to $1.8m (+80%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Omni Sports sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Ohr Hayashor ($1.8m), Arts Council of Fairfax County Inc ($1.8m) and Pledgerville Senior Citizens Villa ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $38k (2.5% of expenses). Other salaries and wages came to $40k. At year end it held assets of $1.2m against liabilities of $22k, net assets of $1.2m. It reported 2 employees.