One Life Network Inc

Analysis

One Life Network Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 2008, 18 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, One Life Network Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.1m to $1.4m (-35%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 29%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Life Network Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Yad Ltalmid Inc ($1.4m), Cindy Trimm Ministries International Inc ($1.4m) and Amish Innerlight Ministries ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $608k. At year end it held assets of $611k against liabilities of $9,059, net assets of $602k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.