ONE FAIR WAGE INC

CAMBRIDGE, MA, 02138-5001 (347) 946-0534 Est. 2019 EIN 85-0692228
R20— Civil Rights & Advocacy Form 990 501(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
30
Total Giving
$308K
Recipients
30
Years Active
2024
Avg grant: $10,250 Median: $10,000

Sectors Funded

Human Services
8
Civil Rights & Advocacy
5
Philanthropy & Grantmaking
2
Religion-Related
1
Health Care
1
Unknown
1
Education
1
Crime & Legal-Related
1
and 2 more sectors

Top States

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

Grantee Size Profile

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

Top Grantees

and 15 more grantees

Grants Awarded · 26 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)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$7,411,478 $7,809,799$3,156,722
2023 Form 990$5,052,108 $8,658,120$3,555,043
2022 Form 990$5,639,169 $5,252,674$7,161,055
2022 Form 990$5,639,169 $5,252,674$7,161,055
2020 Form 990$9,658,679 $9,410,843$7,550,361
2020 Form 990$16,761,832 $9,969,446$6,792,386

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