Onelife for Life Inc

Analysis

Onelife for Life Inc is a registered charity in United States, based in Grand Blanc, MI. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Onelife for Life Inc reported income of $248k and spending of $206k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $248k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Onelife for Life Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Show-Me School-Based Alliance of Missouri ($248k), Holy Family Association ($248k) and A a Alumni FDN Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,100 (1.0% of expenses). Other salaries and wages came to $184k. At year end it held assets of $130k against liabilities of $0, net assets of $130k. It reported 3 employees.