Onekid Oneworld Inc

Analysis

Onekid Oneworld Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Onekid Oneworld Inc reported income of $276k and spending of $281k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $276k (+122%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Onekid Oneworld Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Launch Learning Inc ($276k), Summer Institute Inc ($276k) and Ashinaga Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $148k against liabilities of $460, net assets of $148k.