One Equal Heart Foundation

Analysis

One Equal Heart Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, One Equal Heart Foundation reported income of $402k and spending of $350k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $402k (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, One Equal Heart Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Vba Education Foundation ($402k), United Way of Lewis County ($402k) and World Bank Community Connections Fund ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $102k (29% of expenses). At year end it held assets of $510k against liabilities of $81k, net assets of $429k. It reported 1 employees.