Osman Foundation Inc

Analysis

Osman Foundation Inc is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Osman Foundation Inc reported income of $108k and spending of $108k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $118k to $108k (-8.6%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Osman Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Philanthropy Inspired by the Needs of Our Community Inc ($108k), Dog Rescue Fund Inc ($108k) and Franklin Educational Foundation Inc ($108k).

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 $19k against liabilities of $0, net assets of $19k.