The One Love Foundation in Honor of Yeardley Love Inc

Analysis

The One Love Foundation in Honor of Yeardley Love Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The One Love Foundation in Honor of Yeardley Love Inc reported income of $7.8m and spending of $11.0m, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.8m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The One Love Foundation in Honor of Yeardley Love Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Yeshivat Heatid Inc ($7.8m), Calyx Institute ($7.8m) and California Virtual Academy at Kings ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $1.0m (9.5% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $8.0m against liabilities of $632k, net assets of $7.4m. It reported 67 employees.