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One Day at a Time Ministries Inc

RegisteredEIN 85-3325434Chicago, ILPoverty relief
Income$77k2023-12
Spending$113ksame year
Spent / received68%3-year average
Size in its cause26th pctPoverty relief
Exempt since2021Publicly supported organisat
Employees–latest return

Analysis

One Day at a Time Ministries Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2021, 5 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 Day at a Time Ministries Inc reported income of $77k and spending of $113k, spending 147% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $392k to $77k (-80%), an average of -56% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, One Day at a Time Ministries Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Wichita County Medical Alliance ($77k), Agape Community Outreach Mission Inc ($77k) and Marimor Legacy Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $242k against liabilities of $9,528, net assets of $233k.

Income and spending

$0$98k$196k$294k$392k2021 Income: $391,8662021 Spending: $25,60220212022 Income: $155,3182022 Spending: $286,52720222023 Income: $77,3732023 Spending: $113,4352023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Other 57%

Similar-sized charities, same cause

CharityLocationIncome
Wichita County Medical AllianceWichita Falls$77k
Agape Community Outreach Mission IncKankakee$77k
Marimor Legacy FoundationLima$77k
Hope to Haiti IncTallahassee$77k