One Inc

Analysis

One Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 2011, 15 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 Inc reported income of $283k and spending of $314k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $283k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AR. Charities of a similar size with the same main cause include Texas Southern Univ Natl Alumni Assn Inc ($283k), Neveln Center Inc ($283k) and Management Services Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $39k (12% of expenses). Other salaries and wages came to $5,275. At year end it held assets of $808k against liabilities of $415k, net assets of $393k. It reported 3 employees.