For the Sake of One

Analysis

For the Sake of One is a registered charity in United States, based in Texarkana, AR. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, For the Sake of One reported income of $231k and spending of $247k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $257k to $231k (-10%), an average of -10% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, For the Sake of One sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within AR. Charities of a similar size with the same main cause include Precious Jewels Learning Academy Inc ($231k), Caldwell County Nutrition Center Inc ($231k) and Highland Manor Apartments Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 3.5% of the total. Other salaries and wages came to $157k. At year end it held assets of $201k against liabilities of $2,109, net assets of $199k. It reported 5 employees.