One Family Inc

Analysis

One Family Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2003, 23 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 June 2024, One Family Inc reported income of $2.7m and spending of $2.5m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $2.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Family Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Alabama Childhood Food Solutions Inc ($2.7m), Sacred Heart Center ($2.8m) and Bills Kitchen Inc ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $233k (9.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $65k, net assets of $2.5m. It reported 24 employees.