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Loving One by One Ministries Inc

RegisteredEIN 27-0805394Star, IDEducation and training
Income$521k2023-12
Spending$423ksame year
Spent / received85%5-year average
Size in its cause68th pctEducation and training
Exempt since2010School
Employees0latest return

Analysis

Loving One by One Ministries Inc is a registered charity in United States, based in Star, ID. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loving One by One Ministries Inc reported income of $521k and spending of $423k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $521k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loving One by One Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within ID. Charities of a similar size with the same main cause include Cornerstone Christian Academy ($521k), The Detroit Athletic Club Foundation ($521k) and Monitor Old-Rite School ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $14k, net assets of $1.1m.

Income and spending

$0$130k$261k$391k$521k2019 Income: $333,3392019 Spending: $339,30220192020 Income: $396,3332020 Spending: $295,62720202021 Income: $390,2822021 Spending: $343,59620212022 Income: $418,4952022 Spending: $354,73320222023 Income: $521,2362023 Spending: $422,8842023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Cornerstone Christian AcademyBrockport$521k
The Detroit Athletic Club FoundationDetroit$521k
Monitor Old-Rite SchoolMount Angel$521k
Wampus Cat Booster Club IncConway$521k