Onetl Inc

Analysis

Onetl Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Onetl Inc reported income of $313k and spending of $276k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $129k to $313k (+142%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Onetl Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Scholarship Fund for Rainier Scholars ($312k), Watchung Cooperative Nursery School ($313k) and Parent Alliance for Students with Exceptional Needs ($312k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.