One World Strong Foundation Inc

Analysis

One World Strong Foundation Inc is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, One World Strong Foundation Inc reported income of $432k and spending of $384k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $436k to $432k (-0.9%), an average of -0.9% a year. Over the whole period it spent 93% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, One World Strong Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Luray Volunteer Fire Department ($432k), Guilford Volunteer Fire Department Inc ($432k) and Weyers Cave Voluntary Fire Company Incorporated ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (30% of expenses). Other salaries and wages came to $74k. At year end it held assets of $108k against liabilities of $47k, net assets of $61k. It reported 5 employees.