One Way Love Inc

Analysis

One Way Love Inc is a registered charity in United States, based in Pearl River, LA. It received its IRS tax-exemption ruling in September 2019, 7 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, One Way Love Inc reported income of $241k and spending of $163k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $97k to $241k (+148%), an average of +57% a year. The sharpest change came in the year to December 2022, when income rose by 165%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Way Love Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include New Jerusalem Missions ($241k), Heart of Hope Ministries International ($241k) and New Jersey Family Foundation ($241k).

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 $40 (0.0% of expenses). Other salaries and wages came to $85k. At year end it held assets of $392k against liabilities of $0, net assets of $392k.