Ohu Gift Foundation

Analysis

Ohu Gift Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ohu Gift Foundation reported income of $456k and spending of $136k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $210k to $456k (+117%), an average of +117% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohu Gift Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Family Learning Center Inc ($456k), Woodford Christian School ($456k) and TBP Panola Project Inc ($456k).

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 $473k against liabilities of $0, net assets of $473k.