Square One de Inc

Analysis

Square One de Inc is a registered charity in United States, based in Seaford, DE. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Square One de Inc reported income of $321k and spending of $248k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $195k to $321k (+65%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Square One de Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within DE. Charities of a similar size with the same main cause include Lolo Preschool and Childcare ($321k), Peopleworks - NM ($321k) and Seasoned Gives Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 29% of the total. At year end it held assets of $329k against liabilities of $207k, net assets of $123k.