One Need Inc

Analysis

One Need Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in January 2013, 13 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 December 2023, One Need Inc reported income of $307k and spending of $321k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $307k (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Need Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Mongolian Asia Reach Inc ($307k), My Brothers Keeper of Oklahoma Inc ($307k) and 4pa ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $229k. At year end it held assets of $30k against liabilities of $0, net assets of $30k.