One Schoolhouse Inc

Analysis

One Schoolhouse Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, One Schoolhouse Inc reported income of $4.3m and spending of $3.9m, spending 90% of its income. Across the 6 years on record, from June 2019 to August 2023, income grew from $1.8m to $4.3m (+135%), an average of +19% a year. The sharpest change came in the year to August 2020, when income rose by 5660%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Schoolhouse Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Cooperative for Education ($4.3m), Providence Academy ($4.3m) and Potsdam College Foundation Inc ($4.3m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $4.0m against liabilities of $1.3m, net assets of $2.6m. It reported 102 employees.