One Ministries Inc

Analysis

One Ministries Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1974, 52 years ago. 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 Ministries Inc reported income of $359k and spending of $377k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $255k to $359k (+41%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Shiloh Community Association ($359k), Yarmouth Library Association ($359k) and Dormont Public Library ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $52k (14% of expenses). Other salaries and wages came to $102k. At year end it held assets of $657k against liabilities of $2,645, net assets of $654k.