One Life

Analysis

One Life is a registered charity in United States, based in Winnabow, NC. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Life reported income of $79k and spending of $72k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $79k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, One Life sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Predestined Outreach ($79k), Empty Stocking Fund Inc ($79k) and Youth Power Coalition Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $403k against liabilities of $202k, net assets of $201k.