Onewhale

Analysis

Onewhale is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Onewhale reported income of $95k and spending of $165k, spending 173% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $228k to $95k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Onewhale sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Second Chance Animal Rescue ($95k), Triangle Chicken Advocates Inc ($95k) and Staten Island Hope Animal Rescue Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $45k against liabilities of $2,414, net assets of $42k.