Follower of One Inc

Analysis

Follower of One Inc is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in October 2017, 9 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, Follower of One Inc reported income of $123k and spending of $102k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $123k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Follower of One Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include Golden Spur Ministries Inc ($123k), Sharing Life Ministries Inc ($123k) and Albrecht International Ministries ($123k).

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 $47k against liabilities of $7,874, net assets of $39k.