One Common Unity Inc

Analysis

One Common Unity Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, One Common Unity Inc reported income of $3.3m and spending of $3.0m, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.8m to $3.3m (+18%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, One Common Unity Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include The Sheldon Arts Foundation ($3.3m), Museum of Discovery ($3.3m) and Stanley J Seeger Hellenic Fund C/O Princeton University ($3.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $32k (1.1% of expenses). Other salaries and wages came to $1.6m. It paid $15k in professional fundraising fees. At year end it held assets of $939k against liabilities of $447k, net assets of $492k. It reported 38 employees.