One Million Aok

Analysis

One Million Aok is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, One Million Aok reported income of $112k and spending of $239k, spending 214% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $274k to $112k (-59%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Million Aok sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within NV. Charities of a similar size with the same main cause include Move Project ($112k), Aikido Del Mar ($112k) and Northwood Scholarship Foundation Inc ($112k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 18% of the total. At year end it held assets of $85k against liabilities of $213k, net assets of -$127k.