Onehundredfold

Analysis

Onehundredfold is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Onehundredfold reported income of $99k and spending of $54k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $99k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Onehundredfold sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Heart of the Father Ministries Inc ($99k), Joe Griffin Media Ministries Inc ($99k) and Grace Explorations ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 35% of the total. At year end it held assets of $83k against liabilities of $1,607, net assets of $81k.