Onward Learning

Analysis

Onward Learning is a registered charity in United States, based in Martin, SD. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Onward Learning reported income of $839k and spending of $468k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $163k to $839k (+416%), an average of +416% a year. The sharpest change came in the year to December 2023, when income rose by 416%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Onward Learning sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within SD. Charities of a similar size with the same main cause include Blue Ribbon Schools of Excelence Inc ($839k), The Tidewater School Inc ($839k) and Foundation for Orlandos Future Inc ($838k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $45k (9.7% of expenses). Other salaries and wages came to $188k. It paid $5,383 in professional fundraising fees. At year end it held assets of $378k against liabilities of $1,347, net assets of $376k. It reported 14 employees.