Wireless power transfer has shown revolutionary potential in challenging the conventional charging method for consumer electronic devices. Through magnetic resonance coupling, it is possible to supply power from one transmitter to multiple receivers simultaneously. In a multiple-receiver system, the overall system efficiency highly depends on the loads' and receivers' positions. This paper extends the conventional circuit-model-based analysis for the one-receiver system to investigate a general one-transmitter multiple-receiver system. It discusses the influence of the loads and mutual inductance on the system efficiency. The optimal loads, the input impedance, and power distribution are analyzed and used to discuss the proper system design and control methods. Finally, systems with a different number of receivers are designed, fabricated, and measured to validate the proposed method. Under the optimal loading conditions, an efficiency above 80% can be achieved for a system with three different receivers working at 13.56 MHz.