One Name Ministry Inc

Analysis

One Name Ministry Inc is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, One Name Ministry Inc reported income of $375k and spending of $364k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $375k (+177%), an average of +177% a year. The sharpest change came in the year to December 2023, when income rose by 177%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One Name Ministry Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Watpa Buddhayan Mediation Center Inc ($375k), Gathering of Men Inc ($375k) and Central Presbyterian Foundation of Lafayette Ind Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $49k against liabilities of $0, net assets of $49k. It reported 3 employees.