One Love Worldwide
EIN: 272657044 · Hobbs, NM · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $158K |
| Net Assets | $134K |
Is One Love Worldwide Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About One Love Worldwide
One Love Worldwide (EIN: 272657044) is a nonprofit organization based in Hobbs, NM, classified under NTEE code Q33. The organization reported total revenue of $139K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Love Worldwide's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
One Love Worldwide is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $158K |
| Surplus / Deficit | $-9,298 |
| Total Assets | $134K |
| Net Assets | $134K |
| Operating Margin | -6.3% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2023, One Love Worldwide reported a deficit of $9K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), One Love Worldwide's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.2% | -12.0% | -6.5% |
| 2022 | +40.8% | +56.7% | -4.2% |
| 2021 | -1.0% | -0.5% | +5.9% |
| 2020 | -29.8% | -29.2% | +6.8% |
| 2019 | +26.9% | +34.3% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for One Love Worldwide has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates One Love Worldwide with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about One Love Worldwide
Is One Love Worldwide a legitimate charity?
Based on AI analysis of IRS 990 filings, One Love Worldwide (EIN: 272657044) insufficient data. 0 red flags identified, 0 strengths noted.
How does One Love Worldwide spend its money?
Detailed spending breakdown data is not yet available for One Love Worldwide. Check back for updated IRS 990 analysis.
Are donations to One Love Worldwide tax-deductible?
One Love Worldwide is registered as a tax-exempt nonprofit (EIN: 272657044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is One Love Worldwide located?
One Love Worldwide is headquartered in Hobbs, New Mexico and files with the IRS under EIN 272657044. It is classified under NTEE code Q33.
How many years of IRS 990 filings does One Love Worldwide have?
One Love Worldwide has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $139K in total revenue.
Filing History
IRS 990 filing history for One Love Worldwide showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), One Love Worldwide's revenue has grown by 80.1%, moving from $82K to $148K. Total assets increased by 570.3% over the same period, from $20K to $134K. Total functional expenses rose by 116.6%, from $73K to $158K. In its most recent filing year (2023), One Love Worldwide reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $158K | $134K | $0 | — | — |
| 2022 | $173K | $179K | $144K | $0 | — | View 990 |
| 2021 | $123K | $114K | $150K | $0 | — | View 990 |
| 2020 | $124K | $115K | $142K | $0 | — | — |
| 2019 | $177K | $162K | $133K | $0 | — | View 990 |
| 2018 | $139K | $121K | $118K | $0 | — | View 990 |
| 2017 | $152K | $114K | $100K | $0 | — | — |
| 2016 | $108K | $102K | $62K | $0 | — | View 990 |
| 2015 | $86K | $85K | $56K | $0 | — | View 990 |
| 2014 | $106K | $98K | $55K | $0 | — | View 990 |
| 2013 | $91K | $99K | $12K | $0 | — | View 990 |
| 2012 | $82K | $73K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $148K, expenses of $158K, and assets of $134K (revenue -14.2% year-over-year).
- 2022: Revenue of $173K, expenses of $179K, and assets of $144K (revenue +40.8% year-over-year).
- 2021: Revenue of $123K, expenses of $114K, and assets of $150K (revenue -1.0% year-over-year).
- 2020: Revenue of $124K, expenses of $115K, and assets of $142K (revenue -29.8% year-over-year).
- 2019: Revenue of $177K, expenses of $162K, and assets of $133K (revenue +26.9% year-over-year).
- 2018: Revenue of $139K, expenses of $121K, and assets of $118K (revenue -8.2% year-over-year).
- 2017: Revenue of $152K, expenses of $114K, and assets of $100K (revenue +40.3% year-over-year).
- 2016: Revenue of $108K, expenses of $102K, and assets of $62K (revenue +25.8% year-over-year).
- 2015: Revenue of $86K, expenses of $85K, and assets of $56K (revenue -19.4% year-over-year).
- 2014: Revenue of $106K, expenses of $98K, and assets of $55K (revenue +16.8% year-over-year).
- 2013: Revenue of $91K, expenses of $99K, and assets of $12K (revenue +10.6% year-over-year).
- 2012: Revenue of $82K, expenses of $73K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for One Love Worldwide:
Data Sources and Methodology
This transparency report for One Love Worldwide is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.