Oneworld Now

Analysis

Oneworld Now is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Oneworld Now reported income of $674k and spending of $770k, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $706k to $674k (-4.5%), an average of -1.1% a year. The sharpest change came in the year to August 2022, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oneworld Now sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Dixie High School Foundation Inc ($674k), Progressive Educational Program ($674k) and Hatua Network Inc ($674k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $76k (9.8% of expenses). Other salaries and wages came to $387k. At year end it held assets of $481k against liabilities of $224k, net assets of $257k. It reported 15 employees.