One Child Inc

Analysis

One Child Inc is a registered charity in United States, based in Elkhorn, NE. It received its IRS tax-exemption ruling in March 2022, 4 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, One Child Inc reported income of $113k and spending of $92k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $113k (+7.5%), an average of +7.5% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Child Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NE. Charities of a similar size with the same main cause include CSP of Northeast Georgia Inc ($113k), Roseburg Dream Center Inc ($113k) and Columbia Food Bank ($113k).

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 $24k against liabilities of $0, net assets of $24k.