One Drop Foundation Inc

Analysis

One Drop Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 2009, 17 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 (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 Drop Foundation Inc reported income of $1.5m and spending of $3.1m, spending 215% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $1.5m (-69%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 148% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, One Drop Foundation Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include Pro Mathematica Arte ($1.5m), Israel Food Distribution Inc ($1.5m) and Pastors Discipleship Network ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. It paid $91k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $477k.