One World Goods Inc

Analysis

One World Goods Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, One World Goods Inc reported income of $300k and spending of $275k, spending 92% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $286k to $300k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to March 2022, when income rose by 76%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, One World Goods Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Aerie Africa Inc ($300k), Advance Access & Delivery ($301k) and Bridge Builders International Inc ($300k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.6% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $76k. At year end it held assets of $323k against liabilities of $12k, net assets of $312k. It reported 6 employees.