We Are One Ministries Inc

Analysis

We Are One Ministries Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Are One Ministries Inc reported income of $91k and spending of $96k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $91k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, We Are One Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Beacon of Hope Ministry ($91k), Spreading the Wellsprings ($91k) and Therapy Clinics International Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $57k against liabilities of $0, net assets of $57k.