Onereef Worldwide Stewardship

Analysis

Onereef Worldwide Stewardship is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Onereef Worldwide Stewardship reported income of $3.6m and spending of $2.0m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $588k to $3.6m (+513%), an average of +57% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 60% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Onereef Worldwide Stewardship sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Pets Inc of the Midlands ($3.6m), Homeward Bound Pet Adoption Center Inc ($3.6m) and Orphans of the Storm ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $170k (8.7% of expenses). Other salaries and wages came to $327k. It paid $120k in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $103k, net assets of $3.5m. It reported 7 employees.