One Fair Wage Inc is a 501(c)(3) organization based in Cambridge, Massachusetts, registered in 2020, with $7,411,478 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$7.4M
▲ 46.7% vs prior year
Civil Rights median: $332K
Expenses (FY2024)
$7.8M
Net assets
$3.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for One Fair Wage Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For One Fair Wage Inc: 5 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for One Fair Wage Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For One Fair Wage Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $9.7M (FY2020) to $7.4M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-5.4%
Spent more than it raised in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$351K
Net assets
$3.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,411,478▲46.7% | $7,809,799▼9.8% | $3,156,722▼11.2% | $3,507,600▼6.9% | 990 |
| 2023 | $5,052,108▼10.4% | $8,658,120▲64.8% | $3,555,043▼50.4% | $3,769,403▼48.5% | 990 |
| 2022 | $5,639,169▲1.7% | $5,252,674▼16.9% | $7,161,055▲5.7% | $7,326,249▲3.9% | 990 |
| 2021 | $5,545,678▼42.6% | $6,321,479▼32.8% | $6,774,560▼10.3% | $7,050,518▼7.6% | 990 |
| 2020 | $9,658,679 | $9,410,843 | $7,550,361 | $7,628,219 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
61 grants to One Fair Wage Inc totaling $8.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Impactassets Inc | General support | 2024 | $275,000 |
| Neo Philanthropy Inc | Program grant | 2024 | $236,200 |
| Voter Registration Project | Voter registration | 2024 | $203,404 |
| The New York Community Trust | For program support. | 2024 | $180,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $131,000 |
| World Education Services Inc | General operating support grant | 2024 | $90,000 |
| Rockefeller Philanthropy Advisors Inc | Civil rights, social action & advocacy, employment & financial inclusion | 2024 | $75,000 |
| Denver Foundation | Civil rights | 2024 | $50,000 |
| Tides Center | Equity, human rights, and economic empowerment | 2024 | $10,000 |
| Windward Fund | Environmental programs | 2024 | $7,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $301,488 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $250,000 |
| Rockefeller Philanthropy Advisors Inc | General | 2023 | $150,000 |
| Impactassets Inc | Just safe food | 2023 | $100,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2023 | $89,750 |
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Data for One Fair Wage Inc (EIN 85-0692228) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.