Omowale Project Inc

Analysis

Omowale Project Inc is a registered charity in United States, based in Hastings HDSN, NY. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Omowale Project Inc reported income of $483k and spending of $198k, leaving 59% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $180k to $483k (+169%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 1466%. Over the whole period it spent 54% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Omowale Project Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Dedication to Community ($483k), Wisconsin Badger State Sheriffs Association ($483k) and Bridge of Hope Child Advocacy Center Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $104k (53% of expenses). It paid $31k in professional fundraising fees. At year end it held assets of $297k against liabilities of $0, net assets of $297k.