Of One Accord Inc

Analysis

Of One Accord Inc is a registered charity in United States, based in Rogersville, TN. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Of One Accord Inc reported income of $5.7m and spending of $5.6m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.4m to $5.7m (+30%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Of One Accord Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Dairy Science Institute Inc ($5.7m), Heartland Hope Mission ($5.7m) and Crispus Attucks Childrens Center Inc ($5.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $32k (0.6% of expenses). Other salaries and wages came to $416k. At year end it held assets of $2.3m against liabilities of $193k, net assets of $2.1m. It reported 48 employees.