Onesource Learning & Development Center
Analysis
Onesource Learning & Development Center is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Onesource Learning & Development Center reported income of $453k and spending of $445k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $574k to $453k (-21%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 118% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Onesource Learning & Development Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Depositing Empowerment Through Outreach and Urban Redevelopment ($453k), Gap Community Inc ($453k) and Dream Center of Randolph County LLC ($453k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $178k (40% of expenses). Other salaries and wages came to $48k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 12%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Depositing Empowerment Through Outreach and Urban Redevelopment | San Diego | $453k |
| Gap Community Inc | Santa Rosa | $453k |
| Dream Center of Randolph County LLC | Asheboro | $453k |
| When in Need Foundation Inc | Philadelphia | $453k |