Sow the Love Ministries Inc

Analysis

Sow the Love Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sow the Love Ministries Inc reported income of $141k and spending of $127k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $107k to $141k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sow the Love Ministries Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Holy Fire Ministries Inc ($141k), Centro Cristiano International of Orlando Inc ($141k) and Evangelical Baptist Church of the New Jerusalem ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.