First Love Ministries USA

Analysis

First Love Ministries USA is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in May 2004, 22 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, First Love Ministries USA reported income of $850k and spending of $848k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $801k to $850k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 26%. 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, First Love Ministries USA sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Pastors Study ($850k), Kansas State Fire Fighters Association Inc ($850k) and Streams Ministries International ($849k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.