One City Schools Foundation Inc

Analysis

One City Schools Foundation Inc is a registered charity in United States, based in Monona, WI. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, One City Schools Foundation Inc reported income of $5.8m and spending of $6.3m, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $17.0m to $5.8m (-66%), an average of -66% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One City Schools Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Tree of Life International Charter School ($5.8m), Tools of the Mind ($5.8m) and Tulane Murphy Foundation Inc ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. At year end it held assets of $16.6m against liabilities of $306k, net assets of $16.3m.