Oneoc

Analysis

Oneoc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Oneoc reported income of $14.6m and spending of $15.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.6m to $14.6m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oneoc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Hebrew Seniorlife Inc ($14.6m), Museum of Art and Light Land Inc ($14.6m) and Broward College Foundation Inc ($14.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $207k (1.3% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $11.7m against liabilities of $6.9m, net assets of $4.9m. It reported 148 employees.