One Way Family Life Center

Analysis

One Way Family Life Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, One Way Family Life Center reported income of $94k and spending of $94k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $226k to $94k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Way Family Life Center sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Stars Math & English Academy ($94k), Jesup Athletic Booster Club Inc ($94k) and Hope United Community Development Corporation ($94k).

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 $15k against liabilities of $0, net assets of $15k.