One Willco

Analysis

One Willco is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, One Willco reported income of $80k and spending of $23k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $80k (+413%), an average of +413% a year. The sharpest change came in the year to December 2023, when income rose by 413%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Willco 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 31st percentile, and in the 30th percentile within TN. Charities of a similar size with the same main cause include Oregon Space Camp Adventures ($80k), International Association of Lions Clubs ($80k) and Folger McKinsey Elementary Schoolpto ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.