One New Humanity

Analysis

One New Humanity is a registered charity in United States, based in Hamtramck, MI. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, One New Humanity reported income of $290k and spending of $280k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $278k to $290k (+4.4%), an average of +4.4% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, One New Humanity sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Pittsburgh Chapter of the German American Chamber of Commerce FDN ($290k), Laramie Main Street Alliance ($290k) and Downtown Hazleton Alliance for Progress Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $130k. At year end it held assets of $127k against liabilities of $22, net assets of $127k. It reported 20 employees.