We Are One World Foundation Inc

Analysis

We Are One World Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 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, We Are One World Foundation Inc reported income of $355k and spending of $537k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $912k to $355k (-61%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, We Are One World Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include RSM Boston Foundation Inc ($355k), Bethanys Equine and Aquatic Therapy Services Inc ($355k) and United Way of Lawrence County ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.