Onesight

Analysis

Onesight is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Onesight reported income of $8.4m and spending of $10.6m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.7m to $8.4m (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Onesight sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Home for the Aged ($8.4m), Mayflower Homes Inc ($8.4m) and Merrimack Valley Food Bank Inc ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. It paid $62k in professional fundraising fees. At year end it held assets of $21.7m against liabilities of $836k, net assets of $20.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.