Love Never Fails Ministries

Analysis

Love Never Fails Ministries is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in April 1991, 35 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, Love Never Fails Ministries reported income of $67k and spending of $114k, spending 170% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $67k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Never Fails Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within AR. Charities of a similar size with the same main cause include Prepare the Way Ministries ($67k), Rooted to Live Ministries ($67k) and Eruv of Columbus Inc ($67k).

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 $76k against liabilities of $0, net assets of $76k.