One Love Skate

Analysis

One Love Skate is a registered charity in United States, based in Kula, HI. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Love Skate reported income of $102k and spending of $98k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $102k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Love Skate sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within HI. Charities of a similar size with the same main cause include North Fryeburg Community Chapel ($102k), Charleston Port & Seafarers Society ($102k) and Exciting Word Ministries ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $6,022, net assets of $17k.