His Love Ministries Inc

Analysis

His Love Ministries Inc is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in March 2002, 24 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, His Love Ministries Inc reported income of $122k and spending of $71k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $122k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, His Love Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Instruments of Hope ($122k), Tlapaneco Indian Ministries Inc ($122k) and Good Life Deliverance Ministries Incorporated ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $124k against liabilities of $40, net assets of $124k.