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One Life Ministries Inc

RegisteredEIN 27-0524734Indianapolis, INReligion
Income$185k2023-12
Spending$178ksame year
Spent / received95%2-year average
Size in its cause63rd pctReligion
Exempt since2009Church
Employees–latest return

Analysis

One Life Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, One Life Ministries Inc reported income of $185k and spending of $178k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $185k (+0.2%), an average of +0.2% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Life 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 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include End Time Harvest Ministries Inc ($185k), Family Builders Ministries ($185k) and Shiloh Missionary Baptist Church ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $128k against liabilities of $19k, net assets of $109k.

Income and spending

$0$46k$93k$139k$185k2022 Income: $184,7932022 Spending: $174,07620222023 Income: $185,1592023 Spending: $177,6712023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
End Time Harvest Ministries IncTroutville$185k
Family Builders MinistriesDurham$185k
Shiloh Missionary Baptist ChurchPort Allen$185k
Christ Gospel Ministries IncDouglasville$185k