Arms of Love Ministries Inc

Analysis

Arms of Love Ministries Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in August 2007, 19 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, Arms of Love Ministries Inc reported income of $107k and spending of $106k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,680 to $107k (+6254%), an average of +6254% a year. The sharpest change came in the year to December 2023, when income rose by 6254%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arms of Love Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Restoration Inc ($107k), Episcopal Foundation of Western North Carolina ($107k) and Texas Prison Outreach ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,692 against liabilities of $0, net assets of $6,692.