One Love World

Analysis

One Love World is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Love World reported income of $443k and spending of $297k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $84k to $443k (+430%), an average of +130% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Love World sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Society of Saint Vincent de Paul St Paschal Baylon Conference ($443k), St Suzanne Cody Rouge Community Resource Center ($443k) and Asifiwe Child Care Ministries ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.