Luv on Fire Ministries Inc

Analysis

Luv on Fire Ministries Inc is a registered charity in United States, based in Lakeside, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Luv on Fire Ministries Inc reported income of $59k and spending of $64k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $59k (-3.1%), an average of -3.1% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Luv on Fire Ministries Inc sits at the 20th percentile: it is larger than about 20% 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 Your Move Mke ($59k), Outreach Thrift Shop Inc ($59k) and Cannasense Foundation ($59k).

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 $88k against liabilities of $33k, net assets of $55k.