Once Upon a Room Inc

Analysis

Once Upon a Room Inc is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in September 2014, 12 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, Once Upon a Room Inc reported income of $620k and spending of $413k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $432k to $620k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Once Upon a Room 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 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Dragons Den ($619k), Sport X Change International ($620k) and Coon Rapids Soccer Association ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $329k against liabilities of $0, net assets of $329k.