Onemine Inc

Analysis

Onemine Inc is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Onemine Inc reported income of $292k and spending of $292k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $338k to $292k (-14%), an average of -3.6% a year. The sharpest change came in the year to September 2020, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Onemine Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Plumbers and Pipefitters Apprenticeship Education and Train ($292k), Living Wage for US Inc ($292k) and SGR Foundation ($292k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $224k against liabilities of $124k, net assets of $100k.