XReligion-RelatedEIN: 760492399· Ruling Year: 1996

Omega Charitable Developers Inc

Houston, Texas

CHealth Score
43C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 7 peers in Religion-Related with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.23×
Peer Median5.89×
💰
$23.5M
Total Revenue
📊
$23.9M
Total Expenses
🏦
$5.4M
Net Assets
📋
$22K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-28.0%
Year-over-year change (2022 → 2023)
Net Margin
-1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.23
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$23,494,29028%$23,887,68027%$5,448,0127%
2022$32,613,2113%$32,946,8982%$5,841,4037%
2021$33,763,98422%$33,596,27525%$6,275,6783%
2020$27,725,07912%$26,966,1148%$6,107,96914%
2019$24,727,9598%$29,272,83328%$5,349,00646%
2018$22,858,09910%$22,899,54710%$9,888,787
2017$25,298,43326%$25,364,05924%$9,923,0851%
2016$20,116,25744%$20,505,57249%$9,985,2114%
2015$14,005,64833%$13,771,72545%$10,379,6622%
2014$10,511,55446%$9,484,79651%$10,140,60311%
2013$19,435,6435%$19,503,2537%$9,113,8451%
2012$18,475,1341%$18,190,369$9,181,4553%
2011$18,305,6631%$18,246,34328%$8,896,69010%
2010$18,089,047$14,244,086$9,888,906

Frequently Asked Questions

What does Omega Charitable Developers Inc do?

Omega Charitable Developers Inc is a religion-related nonprofit organization based in Texas. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Omega Charitable Developers Inc financially healthy?

Based on our 9-metric Financial Health Score model, Omega Charitable Developers Inc has a score of 43/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Omega Charitable Developers Inc generate?

Omega Charitable Developers Inc reports $35.5M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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