ONE FAIR WAGE INC

CAMBRIDGE, MA, 02138-5001 (347) 946-0534 Est. 2019 EIN 85-0692228
R20 - Civil Rights 990 - Public charity return 501(c)(3)
www.onefairwage.org

Mission

THE MISSION OF ONE FAIR WAGE IS TO RAISE WAGES AND IMPROVE WORKING CONDITIONS IN THE SERVICE SECTOR, AND END ALL SUBMINIMUM WAGES IN THE UNITED STATES. WE ACCOMPLISH THAT MISSION THROUGH THREE MAIN PILLARS OF WORK: POLICY SHIFT, INDUSTRY SHIFT, AND NARRATIVE SHIFT.

Giving Portfolio

Total Grants
32
Total Giving
$515K
Recipients
32
Years Active
2024
Avg grant: $16,094 Median: $10,000

Sectors Funded

Human Services
8
Civil Rights & Advocacy
5
Philanthropy & Grantmaking
2
Education
1
Crime & Legal-Related
1
Housing & Shelter
1
Health Care
1
Mental Health & Crisis Intervention
1
and 2 more sectors

Top States

California
8
New York
8
District of Columbia
2
Michigan
2
Maryland
2
Hawaii
1
Arizona
1
Colorado
1
and 7 more states

Grantee Size Profile

$1M - $5M
9
$100K - $500K
4
$10M - $50M
4
Over $50M
3
$5M - $10M
2
$500K - $1M
2
Under $100K
1

Top Grantees

Page 1 of 3

Grants Awarded · 28 grants

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Financials

Total Revenue
$7,411,478
Total Expenses
$7,809,799
Net Assets
$3,156,722
44 employees 8 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.9 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 46.7%
Expenses ↓ 9.8%
Revenue Sources
Contributions 99.8%
Expense Breakdown
Program 80.2% Management 13.9% Fundraising 5.9%

Officers & Trustees (10)

Individual compensation is available on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$7,411,478 ↑$7,809,799$3,156,722
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$5,052,108 ↓$8,658,120$3,555,043
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$5,639,169 $5,252,674$7,161,055
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$5,639,169 ↓$5,252,674$7,161,055
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$16,761,832 ↑$9,969,446$6,792,386
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$9,658,679 $9,410,843$7,550,361

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EIN: 85-0692228 · Source: IRS Form 990 e-file data