Om Charitable Tr Of Usa

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 846652564 ✦ Lebanon, TN ✦ Designated as a 501(c)(3)

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Overview

What is Om Charitable Tr Of Usa?

Om Charitable Trust of USA is a nonprofit organization situated in Lebanon, Tennessee. Its primary mission is to solicit charitable contributions from individuals, which are then utilized to support various educational facilities, social welfare programs, hospitals, and religious institutions. One of their notable projects includes providing financial assistance for constructing a hospital in Bangalore, India, and purchasing necessary hospital equipment. The organization's activities are centered around raising funds for diverse charitable causes, ultimately aiming to make a positive impact on communities around the world.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Star rating.

Om Charitable Trust of USA has achieved a score of 67%, indicating a moderate level of accountability and transparency in its operations. The organization has an independent board with 100% of its members being independent, which is a positive indicator of governance and decision-making integrity. Additionally, the charity has demonstrated strong financial management, illustrated by a 0.00% liabilities to assets ratio and a high program expense ratio of 97.50%.

While the charity excels in several financial metrics, earning full points for independent board members and documenting meeting minutes, there are areas for improvement that have contributed to its two-star rating. The overall score reflects a need for enhanced performance in certain accountability aspects to reach higher standards in public trust. While there are no reported material diversions of assets, stakeholders may seek additional transparency regarding the organization’s overall impact and effectiveness in its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Om Charitable Tr Of Usa legitimate?

Om Charitable Tr Of Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Om Charitable Tr Of Usa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Om Charitable Tr Of Usa?

Om Charitable Trust of USA's mission is centered around soliciting charitable contributions from individuals. These collected funds are then utilized to support various educational facilities, social welfare programs, hospitals, and religious institutions. In simpler terms, the organization serves as a platform for individuals to donate funds, which are then channeled towards enhancing these vital sectors.

Furthermore, the organization provides financial assistance to the Sree Sai Ram Charitable Foundation Trust. This assistance is primarily used for constructing a hospital in Bangalore, India, and purchasing necessary hospital equipment. This commitment to healthcare expansion and equipment provision showcases the organization's dedication to improving health services, even on an international level.

Who is the CEO of Om Charitable Tr Of Usa?

Shankerbhai G Patel is the Trustee of Om Charitable Tr Of Usa.

What is the revenue of Om Charitable Tr Of Usa?

Om Charitable Tr Of Usa's revenue in 2022 was $1,684,526.

Who are the executives of Om Charitable Tr Of Usa and what are their salaries?


Here are 3 key members and their salaries:


Ramanbhai J Patel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shankerbhai G Patel (Managing Tru)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sitarambhai N Patel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Om Charitable Tr Of Usa?

Om Charitable Tr Of Usa's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Om Charitable Tr Of Usa

Om Charitable Trust of USA is an organization that seeks charitable contributions from individuals to support various educational facilities, social welfare programs, hospitals, and religious institutions. Their mission is to collect these funds and allocate them to these causes, aiming to make a positive impact in various communities and sectors. Specifically, the organization is involved in raising funds to support the construction of a hospital in Bangalore, India, and the purchase of hospital equipment. This project is being carried out in partnership with the Sree Sai Ram Charitable Foundation Trust. By providing financial assistance for these initiatives, Om Charitable Trust of USA contributes to improving healthcare access and facilities, ultimately benefiting the communities they serve.

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Impact




July, 2024

Om Charitable Tr Of Usa's impact lies in its ability to mobilize charitable contributions from individuals and direct those funds towards supporting educational facilities, social welfare programs, hospitals, and religious institutions. One significant aspect of its impact is the provision of financial assistance to the Sree Sai Ram Charitable Foundation Trust for the construction of a hospital in Bangalore, India, as well as the purchase of hospital equipment. By facilitating these contributions and investments in crucial areas such as healthcare infrastructure, Om Charitable Tr Of Usa is actively contributing to the improvement of healthcare services and overall well-being in the community.




This information is meant to be a general summary of Om Charitable Tr Of Usa. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,684,526 (2022)
Expenses
$388,065 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,951
  • Gross Receipts: $1,684,526

Assets and Liabilities:

  • Total Assets: $2,283,592
  • Total Liabilities: $0
  • Net Assets: $2,283,592

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Organization Details

Founding Year

2020

Principal Officer

Shankerbhai G Patel

Main Address

109 GREERS DRIVE, LEBANON, TN, 37087

NTEE Category

Code: T90 - Philanthropy

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