One Master Ministries

Analysis

One Master Ministries is a registered charity in United States, based in Xenia, OH. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, One Master Ministries reported income of $139k and spending of $140k, spending 100% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $129k to $139k (+7.9%), an average of +3.9% a year. The sharpest change came in the year to July 2024, when income rose by 15%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Master Ministries sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Serenity Street Foundation Inc ($139k), Harding Ford Vision Inc ($139k) and Jabulani Kids Inc ($139k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.

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.