Faith Hope and Love Christian Ministries
Analysis
Faith Hope and Love Christian Ministries is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Faith Hope and Love Christian Ministries reported income of $58k and spending of $47k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $58k (+13%), an average of +13% a year. Over the whole period it spent 86% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Faith Hope and Love Christian Ministries sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Institute for Christian Leaders ($58k), Engage Church Tri-Cities ($58k) and Acumen Ministries Inc ($58k).
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 $54k against liabilities of $0, net assets of $54k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Institute for Christian Leaders | Los Angeles | $58k |
| Engage Church Tri-Cities | Kingsport | $58k |
| Acumen Ministries Inc | Pinecrest | $58k |
| World Day of Prayer USA | New York | $58k |