Only7seconds

Analysis

Only7seconds is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in September 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Only7seconds reported income of $507k and spending of $485k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $335k to $507k (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Only7seconds sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Rockford Family Planning Foundation ($507k), Barn at Spring Brook Farm Inc ($507k) and Baltimore Jewish Health Foundation Inc ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $135k (28% of expenses). Other salaries and wages came to $117k. At year end it held assets of $298k against liabilities of $12k, net assets of $286k. It reported 3 employees.