One Art Community Center

Analysis

One Art Community Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2022, 4 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, One Art Community Center reported income of $210k and spending of $207k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $171k to $210k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, One Art Community Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Wilton Youth Baseball Inc ($210k), Troy Youth Association Inc ($210k) and Degood Foundation ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $6,000 (2.9% of expenses). It paid $4,000 in professional fundraising fees. At year end it held assets of $164k against liabilities of $0, net assets of $164k.