Omega Charitable Developers Inc

Public charity · Grantmaker Houston, TX EIN: 76-0492399

The entity is organized to provide grants to philosophy and theology schools, as well as to support the development of the institutions.

Key facts about Omega Charitable Developers Inc

In short: Omega Charitable Developers Inc gave $35.8M across 3 grants in 2024 (avg $11.9M), mostly in Georgia. Source: 2024 IRS Form 990.

EIN
76-0492399
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$35,806,129
Grants made (2024)
3
Average grant
$11,935,376
Median grant
$364,213
Total assets
$4,808,705
Primary geography
Georgia (99% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$4.8M

-11.7% YoY

Annual Giving

$35.8M

+50.2% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$11.9M

+50.2% YoY

How Omega Charitable Developers Inc gives

  • Giving held roughly steady from 2021 to 2024 (+18%). Method

From the foundation's IRS Form 990 filings. Methodology.

About Omega Charitable Developers Inc

Based on IRS filings

Omega Charitable Developers Inc is a public charity focused on religion, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 3 grants totaling $35.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

HoustonAlpharettaRoswellThornwood

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M$40M3 grants2020 5 grants2021 Total only2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $23.8M (2023) to $35.8M (2024). In 2024 it made 3 grants totaling $35.8M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

LCNA Atlanta Inc: $35.3MLCNA Atlanta Inc$35.3MLCMRC Holdings: $364KLCMRC Holdings$364KFidelis Educational Net Inc: $133KFidelis Educational Net Inc$133K

The largest 2024 recipient was LCNA Atlanta Inc ($35.3M). Together the top 3 received $35.8M.

Grant Size Distribution

14 grants across all recorded years

2<$50K1$50–100K1$100–250K2$250–500K2$500K–1M$1–5M6$5M+

The most common grant size was $5M or more: 6 grants of 14 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
LCNA Atlanta Inc Alpharetta, GASee Part IV$35,308,591
LCMRC Holdings Houston, TXSee Part IV$364,213
Fidelis Educational Net Inc Houston, TXSee Part IV$133,325

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$10M$20M$30M$40M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$4,808,705$5,448,012$5,841,403
Revenue$35,531,839$23,494,290$32,613,211
Expenses$36,169,982$23,887,680$32,946,898

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 6, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS December 2, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Omega Charitable Developers Inc is led by Gabriel Sotres, President & Chairman on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gabriel Sotres

    President & Chairman

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Javier Garcia

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Oscar Nader

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Omega Charitable Developers Inc

How much does Omega Charitable Developers Inc give each year?

Omega Charitable Developers Inc gave $35.8M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $23.8M across 3 grants.

What is Omega Charitable Developers Inc's typical grant size?

Omega Charitable Developers Inc's median grant in 2024 was $364,213, and its average grant was $11,935,376, across 3 grants on its 2024 IRS Form 990.

Where does Omega Charitable Developers Inc give grants?

Omega Charitable Developers Inc gives mostly in Georgia: 99% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Houston, TX (2 grants).

Does Omega Charitable Developers Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Omega Charitable Developers Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "See Part IV" (3 grants).

How large is Omega Charitable Developers Inc?

Omega Charitable Developers Inc reported $4.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $35.5M.

What is Omega Charitable Developers Inc?

Omega Charitable Developers Inc is a public charity focused on religion, based in Houston, TX. It holds $4.8M in total assets as of 2024.

What is Omega Charitable Developers Inc's EIN?

Omega Charitable Developers Inc's EIN (Employer Identification Number) is 76-0492399. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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