Loving Life Missions

Analysis

Loving Life Missions is a registered charity in United States, based in Woodville, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loving Life Missions reported income of $164k and spending of $164k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $164k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loving Life Missions sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Jain Sangh of Greater Austin Inc ($164k), 10 40 Hope Missions Inc ($164k) and Gori Network a NJ Nonprofit Corporation ($164k).

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 $1 against liabilities of $0, net assets of $1.