One Luv Inc

Analysis

One Luv Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in August 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, One Luv Inc reported income of $52k and spending of $36k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $52k (+3.1%), an average of +3.1% a year. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Luv Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include About My Fathers Business Homeless ($52k), Men of Resolution ($52k) and Christian Adulthood Initiative ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.