One City United

Analysis

One City United is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, One City United reported income of $267k and spending of $334k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $415k to $267k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One City United 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 60th percentile, and in the 61st percentile within IA. Charities of a similar size with the same main cause include Illinois Masonic Foundation for the Prevention of Drug and Alcohol ($267k), Florida Technology Students Association and Foundation Inc ($267k) and St Nicholas Orthodox Church ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $48k (14% of expenses). Other salaries and wages came to $154k. It paid $199 in professional fundraising fees. At year end it held assets of $264k against liabilities of $15k, net assets of $250k. It reported 11 employees.