Onyx Foundation Inc

Analysis

Onyx Foundation Inc is a registered charity in United States, based in Star Prairie, WI. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Onyx Foundation Inc reported income of $342k and spending of $352k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $342k (+156%), an average of +156% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Onyx Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within WI. Charities of a similar size with the same main cause include St Lukes Lutheran Health Ministries Inc ($342k), Horses Adaptive Riding and Therapy ($342k) and CT Breast Health Initiative Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. At year end it held assets of $249k against liabilities of $249k, net assets of -$536.