The or Foundation Ltd
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Or Foundation provides critical ecosystem health services and community education and economic empowerment programming, that along with material technology and transformation and public engagement with citizens beyond their roles as consumers, drives toward a justice-led circular textiles economy.
- Income
- $8.4 million
- Spending
- $5.0 million
- Spent on programs
- 92%
- Reserves
- 30.1 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 5
- Volunteers
- 0
- Highest pay
- $120,308, employee
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 30.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 40% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 68 out of 100. Higher than 23% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 253 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $558,799 spent. Our Stop Waste Colonialism campaign has established a new precedent for Extended Producer Responsibility, one that does not simply offset the cost of waste management within a linear economy but rather that funds the transition to true circularity. Grounded in self-representation and extensive research, we are advocating for textile-based Extended Producer Responsibility (EPR) programs across the world to be Globally Accountable. Our campaign centers around a policy paper with more than 10,000 endorsements.
- $157,607 spent. We organize citizen scientists to perform weekly beach monitoring reports, tracking textile tentacles across a seven kilometer swath of Accra's beaches. Building on these findings we conduct weekly water and air sampling analysis along with regular passive air pollution monitoring in order to track the flow of waste pollution across the coastal environment. Through our first-of-its-kind solar powered research vessel, we will soon expand this monitoring and mapping effort off of the coastline and into the Gulf of Guinea.
- $3.0 million spent. We operate a paid apprenticeship program for young women leaving the dangerous job of head carrying secondhand clothing, which includes healthcare and education. We provide emergency relief for members of the secondhand clothing market in Ghana who encounter crisis. We install and maintain fire extinguishers across the market and operate long-range business transformation classes to bolster financial literacy skills. In addition we conduct weekly beach cleanups and perform material research and development to transform waste into new products and economic livelihoods.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: The Ucla Foundation (Los Angeles, CA), EIN 95-2250801. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.