Becoming Love Ministries Association

Analysis

Becoming Love Ministries Association is a registered charity in United States, based in Bethany, OK. It received its IRS tax-exemption ruling in February 2011, 15 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, Becoming Love Ministries Association reported income of $1.5m and spending of $1.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.5m (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Becoming Love Ministries Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Ria Charitable Investments Inc ($1.5m), Living Room Ministries International ($1.5m) and Silent Word Ministries Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $317k (18% of expenses). Other salaries and wages came to $366k. At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.3m. It reported 11 employees.