One Heart One Mind

Analysis

One Heart One Mind is a registered charity in United States, based in Midway, UT. It received its IRS tax-exemption ruling in July 2018, 8 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 Heart One Mind reported income of $303k and spending of $268k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $303k (+125%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Heart One Mind 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 60th percentile within UT. Charities of a similar size with the same main cause include Delaware Valley Food Pantry Inc ($303k), QG Community Charities Inc ($303k) and William W Barnes Childrens Advocacy Center ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 53% of the total. Other salaries and wages came to $13k. At year end it held assets of $754k against liabilities of $7,351, net assets of $747k.