Overview
What is One Day's Wages?
One Day's Wages is a grassroots movement working to alleviate extreme global poverty. It encourages individuals to contribute an equivalent of their daily wage to support approved poverty relief organizations. The organization, headquartered in Seattle, Washington, meticulously reviews and endorses these organizations, ensuring that the donated funds are utilized effectively. One Day's Wages aims to promote awareness, inspire giving, and sustain relief efforts, particularly by partnering with smaller organizations in developing regions. With a modest team of nine dedicated individuals, the organization is committed to making a significant impact in combating extreme global poverty.
Official website here: www.onedayswages.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
One Day's Wages (ODW) has received an 85% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance practices, with 100% of its board members being independent and having no material diversion of assets. Their commitment to transparency is reflected in their high program expense ratio of 84.21%, which suggests that the majority of donations are directed towards their programs rather than administrative costs.
User feedback on platforms like Great Nonprofits highlights the positive impact of ODW's grassroots approach to alleviating extreme poverty. Many reviewers express admiration for the organization's transparency, efficiency, and the dedication of its staff. They commend ODW for its ability to empower local organizations and leaders, emphasizing the effectiveness of local solutions over larger, more generalized initiatives. The testimonials also reflect a deep trust among donors, with many expressing satisfaction in knowing that their contributions are used effectively.
While the reviews are overwhelmingly positive, there are no significant limitations noted in the available data. Overall, One Day's Wages is recognized for its thoughtful, community-driven approach to philanthropy and its commitment to ethical practices in international development.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is One Day's Wages legitimate?
One Day's Wages is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Day's Wages submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,736
For more financial information, click here
Official website here: www.onedayswages.org
What is the mission statement of One Day's Wages?
One Day's Wages is a grassroots movement committed to alleviating extreme global poverty. Their mission is to promote awareness, encourage giving, and support sustainable relief efforts through partnerships, particularly with smaller organizations in developing regions. The organization provides a platform for donors to contribute an amount equivalent to their daily wage, reviewing and approving existing poverty relief organizations to receive these funds. One Day's Wages focuses on supporting organizations that work towards solving poverty at its roots, aiming to bring about long-term and sustainable change.
Official website here: www.onedayswages.org
Who is the CEO of One Day's Wages?
Eugene Cho is the President And Executive Director of One Day's Wages.
Official website here: www.onedayswages.org
What is the revenue of One Day's Wages?
One Day's Wages's revenue in 2022 was $1,574,347.
Official website here: www.onedayswages.org
Who are the executives of One Day's Wages and what are their salaries?
The average compensation at One Day's Wages during 2022 was $17,748. There are 9 employees and 7 volunteers at One Day's Wages.
Here are 5 key members and their salaries:
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Official website here: www.onedayswages.org
Where can I find the form 990 for One Day's Wages?
One Day's Wages's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.onedayswages.org
Learn more at the official website: www.onedayswages.org
Mission Statement of One Day's Wages
One Day's Wages is a grassroots movement committed to alleviating extreme global poverty. This organization operates on the principles of awareness, giving, and sustainable relief, encouraging individuals to contribute an amount equivalent to their daily wage. One Day's Wages reviews and approves existing poverty relief organizations in developing regions, offering them financial support to combat poverty effectively. The mission of One Day's Wages is to promote a community of engaged individuals, sharing stories and taking actions to eradicate extreme global poverty. Through partnerships, particularly with smaller organizations, One Day's Wages aims to provide lasting relief and empower those suffering from poverty.
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Impact
October, 2024
One Day's Wages has a significant impact on the fight against extreme global poverty through its grassroots movement. By encouraging individuals to contribute the equivalent of their wages for one day, it transforms personal financial sacrifices into collective action for sustainable change.
The organization meticulously reviews and selects existing poverty relief initiatives, ensuring that donations are channeled effectively to those who need it most. This vetting process not only fosters trust among donors but also maximizes the impact of each contribution.
Through raising awareness and promoting narratives around global poverty, One Day's Wages stimulates a sense of responsibility and motivation within communities. It focuses on partnerships, particularly with smaller organizations in developing regions, amplifying efforts in areas where assistance is often overlooked.
Ultimately, the movement inspires individuals to take meaningful actions, thereby fostering a culture of giving and collaboration that transcends borders and engages people in alleviating poverty worldwide.
This information is meant to be a general summary of One Day's Wages. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $228
- Gross Receipts: $1,602,056
Assets and Liabilities:
- Total Assets: $1,456,729
- Total Liabilities: $5,856
- Net Assets: $1,450,873
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Organization Details
Founding Year
2008
Phone
(206) 659-5859Principal Officer
Eugene Cho
Main Address
PO BOX 17575, SEATTLE, WA, 98127
Website
www.onedayswages.orgNTEE Category
Code: Q30 - International
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