One Percent for Education

Analysis

One Percent for Education is a registered charity in United States, based in Kentfield, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, One Percent for Education reported income of $147k and spending of $144k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $125k to $147k (+17%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, One Percent for Education sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Childrens Hospital Trail Ride ($147k), United Way of Guernsey and Noble Counties Inc ($147k) and Joy of Giving Incorporated ($147k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (62% of expenses). At year end it held assets of $37k against liabilities of $2,075, net assets of $35k. It reported 1 employees.