One True Light Inc

Analysis

One True Light Inc is a registered charity in United States, based in Duncan, OK. It received its IRS tax-exemption ruling in April 2013, 13 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 True Light Inc reported income of $115k and spending of $70k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $115k (+12%), an average of +12% a year. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One True Light Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OK. Charities of a similar size with the same main cause include Arvada Community Food Bank Foundation Inc ($115k), Mentally Handicapped Childrens Organization ($115k) and Anahi of Orange County Room & Board Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $214k against liabilities of $2,183, net assets of $212k.