Custom One Charities

Analysis

Custom One Charities is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in July 2018, 8 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, Custom One Charities reported income of $146k and spending of $103k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $121k to $146k (+20%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Custom One Charities sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Nueva Creacion de Dios ($146k), Patriot Legacy Education Foundation ($146k) and Equality Toledo Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $138k against liabilities of $21k, net assets of $118k.