One22 Inc

Analysis

One22 Inc is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, 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 2023, One22 Inc reported income of $4.4m and spending of $4.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $4.4m (+118%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 213%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One22 Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 95th percentile within WY. Charities of a similar size with the same main cause include Bay Area Turning Point Inc ($4.4m), Elite Family Systems ($4.4m) and Parent Support Network of Rhode Island ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $1.4m. It paid $7,427 in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $85k, net assets of $2.8m. It reported 29 employees.