1infinitelife

Analysis

1infinitelife is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, 1infinitelife reported income of $222k and spending of $249k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $222k (+232%), an average of +232% a year. The sharpest change came in the year to December 2023, when income rose by 232%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1infinitelife sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Heards Ferry Elementary Parent Teacher Organization ($222k), John Jay Boosters Club Inc ($222k) and Caterpillar Lab Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $4,508 against liabilities of $0, net assets of $4,508.