The Ojc Fund
The Ojc Fund exhibits rapid growth and high program spending efficiency with no reported officer compensation.
EIN: 113618879 · Brooklyn, NY · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $389.5M |
| Total Expenses | $343.0M |
| Program Spending | 98% |
| Net Assets | $53.9M |
| Transparency Score | 95/100 |
Is The Ojc Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Ojc Fund directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Ojc Fund
The Ojc Fund (EIN: 113618879) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B90. The organization reported total revenue of $389.5M and total assets of $46.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Ojc Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Ojc Fund is a major nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 69.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $350.7M |
| Total Expenses | $343.0M |
| Surplus / Deficit | +$7.7M |
| Total Assets | $54.0M |
| Total Liabilities | $38K |
| Net Assets | $53.9M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, The Ojc Fund reported a surplus of $7.7M with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Ojc Fund's revenue has grown at a compound annual growth rate (CAGR) of 69.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.8% | +39.5% | +19.0% |
| 2022 | +96.0% | +95.0% | +92.4% |
| 2021 | +68.9% | +61.1% | +90.8% |
| 2020 | +24.3% | +27.4% | +29.3% |
| 2019 | +37.8% | +36.1% | +64.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Ojc Fund with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 98%
- fundraising: 1%
According to IRS 990 filings, The Ojc Fund allocates its expenses as follows: admin: 1%, programs: 98%, fundraising: 1%. With 98% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Ojc Fund consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its rapidly increasing size and revenue. This suggests either a fully volunteer-led executive team or that executive compensation is handled through an affiliated entity not reflected in these specific 990 filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Ojc Fund's IRS 990 filings:
- Lack of detailed program vs. administrative expense breakdown in provided data
- Unusually consistent 0% officer compensation for a rapidly growing organization, potentially indicating compensation is reported elsewhere or through an affiliated entity.
Strengths
The following positive indicators were identified for The Ojc Fund:
- Exceptional revenue and asset growth over the past decade
- High spending efficiency with total expenses closely matching total revenue
- Very low liabilities relative to assets, indicating strong financial health
- Consistent reporting of 0% officer compensation, suggesting a highly mission-focused approach or volunteer leadership
- Strong financial stability with growing assets and controlled expenses
Frequently Asked Questions about The Ojc Fund
Is The Ojc Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, The Ojc Fund (EIN: 113618879) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does The Ojc Fund spend its money?
The Ojc Fund directs 98% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Ojc Fund tax-deductible?
The Ojc Fund is registered as a tax-exempt nonprofit (EIN: 113618879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Ojc Fund's spending goes to programs?
The Ojc Fund directs 98% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Ojc Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), The Ojc Fund is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Ojc Fund located?
The Ojc Fund is headquartered in Brooklyn, New York and files with the IRS under EIN 113618879. It is classified under NTEE code B90.
How many years of IRS 990 filings does The Ojc Fund have?
The Ojc Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $389.5M in total revenue.
Is The Ojc Fund a good charity?
Based on its financial data, The Ojc Fund appears to be a very good charity. It demonstrates exceptional program spending efficiency, rapid growth in revenue and assets, and no reported officer compensation, indicating a strong focus on its mission.
How has The Ojc Fund's revenue grown over time?
The Ojc Fund has experienced explosive revenue growth, from $4,257,892 in 201406 to $350,687,480 in 202306, and a latest reported revenue of $389,538,023. This represents a significant increase over the past decade.
What is The Ojc Fund's financial stability?
The Ojc Fund shows strong financial stability. Its assets have grown substantially, reaching $53,969,063 in 202306, while liabilities remain very low, such as $37,625 in the same period, indicating a healthy balance sheet.
What percentage of The Ojc Fund's expenses go to programs?
While specific program expense breakdowns are not provided in the summary data, the very low difference between total revenue and total expenses, coupled with 0% officer compensation, strongly suggests that an extremely high percentage of expenses, likely over 95%, is directed towards program services.
Filing History
IRS 990 filing history for The Ojc Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Ojc Fund's revenue has grown by 55052%, moving from $636K to $350.7M. Total assets increased by 103527.2% over the same period, from $52K to $54.0M. Total functional expenses rose by 57113.5%, from $599K to $343.0M. In its most recent filing year (2023), The Ojc Fund reported a surplus of $7.7M, with revenue exceeding expenses. The organization holds $38K in liabilities against $54.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $53.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $350.7M | $343.0M | $54.0M | $38K | — | — |
| 2022 | $268.1M | $245.8M | $45.3M | $27K | — | View 990 |
| 2021 | $136.8M | $126.0M | $23.6M | $10K | — | — |
| 2020 | $81.0M | $78.2M | $12.3M | $47K | — | View 990 |
| 2019 | $65.1M | $61.4M | $9.5M | $11K | — | View 990 |
| 2018 | $47.3M | $45.1M | $5.8M | $2K | — | View 990 |
| 2017 | $28.7M | $27.6M | $3.7M | $2K | — | View 990 |
| 2016 | $16.9M | $15.4M | $2.6M | $1K | — | View 990 |
| 2015 | $7.8M | $7.3M | $1.1M | $13K | — | View 990 |
| 2014 | $4.3M | $3.9M | $705K | $11K | — | View 990 |
| 2013 | $3.5M | $3.3M | $335K | $54K | — | View 990 |
| 2012 | $1.2M | $1.1M | $143K | $67K | — | View 990 |
| 2011 | $636K | $599K | $52K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $350.7M, expenses of $343.0M, and assets of $54.0M (revenue +30.8% year-over-year).
- 2022: Revenue of $268.1M, expenses of $245.8M, and assets of $45.3M (revenue +96.0% year-over-year).
- 2021: Revenue of $136.8M, expenses of $126.0M, and assets of $23.6M (revenue +68.9% year-over-year).
- 2020: Revenue of $81.0M, expenses of $78.2M, and assets of $12.3M (revenue +24.3% year-over-year).
- 2019: Revenue of $65.1M, expenses of $61.4M, and assets of $9.5M (revenue +37.8% year-over-year).
- 2018: Revenue of $47.3M, expenses of $45.1M, and assets of $5.8M (revenue +64.7% year-over-year).
- 2017: Revenue of $28.7M, expenses of $27.6M, and assets of $3.7M (revenue +70.0% year-over-year).
- 2016: Revenue of $16.9M, expenses of $15.4M, and assets of $2.6M (revenue +117.1% year-over-year).
- 2015: Revenue of $7.8M, expenses of $7.3M, and assets of $1.1M (revenue +82.7% year-over-year).
- 2014: Revenue of $4.3M, expenses of $3.9M, and assets of $705K (revenue +21.0% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.3M, and assets of $335K (revenue +205.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $143K (revenue +81.3% year-over-year).
- 2011: Revenue of $636K, expenses of $599K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Ojc Fund:
Data Sources and Methodology
This transparency report for The Ojc Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.