Onkwe

Analysis

Onkwe is a registered charity in United States, based in Hogansburg, NY. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Onkwe reported income of $77k and spending of $70k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $97k to $77k (-21%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 609%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Onkwe sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Thomas Paine National Historical Association ($77k), Musopen ($77k) and New Texas Symphony Orchestra ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,850 against liabilities of $0, net assets of $6,850.