One Degree

Analysis

One Degree is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2013, 13 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 June 2021, One Degree reported income of $738k and spending of $1.7m, spending 234% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income fell from $1.6m to $738k (-54%), an average of -32% a year. The sharpest change came in the year to June 2021, when income dropped by 71%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Degree sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Spectrum Human Services Foundation Inc ($738k), Foothills Community Center ($738k) and Commonwealth Center for Fathers & Families Tax Matters ($738k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 35% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $51k (3.0% of expenses). Other salaries and wages came to $179k. At year end it held assets of $354k against liabilities of $3,423, net assets of $351k. It reported 25 employees.