Operation Once in a Lifetime

Analysis

Operation Once in a Lifetime is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Operation Once in a Lifetime reported income of $638k and spending of $639k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $638k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Once in a Lifetime sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Southeast Chicago Commission ($638k), United Way of Wilson County Inc ($638k) and Opportunities Industrialization Center Incorporated of Ouachita ($638k).

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 $94k (15% of expenses). Other salaries and wages came to $14k. At year end it held assets of $172k against liabilities of $0, net assets of $172k. It reported 3 employees.