Speaking Truth Inlove Ministries Inc
Analysis
Speaking Truth Inlove Ministries Inc is a registered charity in United States, based in Addison, NY. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Speaking Truth Inlove Ministries Inc reported income of $268k and spending of $91k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $268k (+260%), an average of +260% a year. The sharpest change came in the year to December 2023, when income rose by 260%. Over the whole period it spent 51% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Speaking Truth Inlove Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Court Appointed Special Advocates Casa of Lonoke County Arkansas Inc ($268k), Be Present Inc ($268k) and Oregonians in Action Legal Center ($268k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $50k (55% of expenses). At year end it held assets of $222k against liabilities of $8,283, net assets of $214k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.2%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Court Appointed Special Advocates Casa of Lonoke County Arkansas Inc | Lonoke | $268k |
| Be Present Inc | Stone Mountain | $268k |
| Oregonians in Action Legal Center | Portland | $268k |
| Allegany Law Foundation Inc | Cumberland | $268k |