Oromia 11

Analysis

Oromia 11 is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Oromia 11 reported income of $747k and spending of $732k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $419k to $747k (+78%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oromia 11 sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Washington Revels Inc ($746k), Climate Solutions Foundation Inc ($747k) and Atchison Amelia Earhart Foundation ($746k).

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 $18k against liabilities of $0, net assets of $18k.