Crazy Love Ministries
Analysis
Crazy Love Ministries is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Crazy Love Ministries reported income of $2.4m and spending of $2.0m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.4m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 70% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Crazy Love Ministries sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Vedic Educational and Devotional Academy ($2.4m), Bais Chabad of Kalkaska Inc ($2.4m) and E3 Volunteers Inc ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $273k (14% of expenses). Other salaries and wages came to $461k. At year end it held assets of $5.4m against liabilities of $18k, net assets of $5.4m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 20%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vedic Educational and Devotional Academy | Milpitas | $2.4m |
| Bais Chabad of Kalkaska Inc | Oak Park | $2.4m |
| E3 Volunteers Inc | Jamestown | $2.4m |
| World Compassion Fellowship Inc | Brooklyn | $2.4m |