In the Name of Love Ministries Inc

Analysis

In the Name of Love Ministries Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in January 2018, 8 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, In the Name of Love Ministries Inc reported income of $53k and spending of $61k, spending 114% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $340k to $53k (-84%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 85%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, In the Name of Love Ministries Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Christian Writers & Artists Ministries ($53k), New Dimensional Christian Ministry ($53k) and Grace Fellowship Community Church ($53k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $25k (41% of expenses). At year end it held assets of $108k against liabilities of $2,749, net assets of $106k. It reported 1 employees.