One Starfish

Analysis

One Starfish is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Starfish reported income of $502k and spending of $358k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $502k (+184%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Starfish sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Best S T E P Forward ($502k), Northern Hills Alliance for Children ($502k) and Four Corners Foundation Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $193k. At year end it held assets of $227k against liabilities of $0, net assets of $227k. It reported 5 employees.