Equal As One Inc
Analysis
Equal As One Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in July 2017, 9 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, Equal As One Inc reported income of $154k and spending of $94k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $154k (+9.3%), an average of +9.3% a year. Over the whole period it spent 106% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Equal As One Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Vision for Asia NFP ($154k), Ukrainian Federation of America Inc ($154k) and Ahadi Empowerment Academy Inc ($154k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vision for Asia NFP | Springfield | $154k |
| Ukrainian Federation of America Inc | Jenkintown | $154k |
| Ahadi Empowerment Academy Inc | Naples | $154k |
| Berkeley Model United Nations | Berkeley | $154k |