One Love Global Inc

Analysis

One Love Global Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, One Love Global Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $313k to $1.4m (+338%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Love Global Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Kidz University Inc ($1.4m), Family Focus Adoption Services ($1.4m) and Shirley Eves Developmental and Therapeutic Center Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $469k (34% of expenses). At year end it held assets of $200k against liabilities of $117k, net assets of $82k.