Onward Together Foundation

Analysis

Onward Together Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 March 2023, Onward Together Foundation reported income of $770k and spending of $466k, leaving 39% of income unspent that year. Across the 3 years on record, from March 2021 to March 2023, income grew from $631k to $770k (+22%), an average of +10% a year. Over the whole period it spent 68% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Onward Together Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Gateway Center Inc ($770k), Wellspring ($771k) and Urban Rehab Inc ($770k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). At year end it held assets of $677k against liabilities of $3,685, net assets of $673k. It reported 1 employees.