Onecompassion

Analysis

Onecompassion is a registered charity in United States, based in Clayton, NC. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Onecompassion reported income of $605k and spending of $493k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $174k to $605k (+247%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 154%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Onecompassion sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Ron McBride Foundation Inc ($605k), Headwaters Charitable TR ($605k) and Impact 100 Louisville Inc ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $81k. At year end it held assets of $459k against liabilities of $24k, net assets of $435k. It reported 3 employees.