Oneworld Health

Analysis

Oneworld Health is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in May 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 June 2023, Oneworld Health reported income of $7.7m and spending of $7.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $7.7m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Oneworld Health sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Article 19 Inc ($7.7m), Ideas Beyond Borders Inc ($7.7m) and Aff Foundation ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $219k (2.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.7m against liabilities of $1.1m, net assets of $5.6m. It reported 14 employees.