Prolove Ministries

Analysis

Prolove Ministries is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Prolove Ministries reported income of $893k and spending of $1.2m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $893k (+684%), an average of +67% a year. The sharpest change came in the year to December 2020, when income rose by 276%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prolove Ministries sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Child Care Junction Inc ($893k), Agnus Dei Foundation ($894k) and Asanpee Care Inc ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $35k (3.0% of expenses). Other salaries and wages came to $210k. It paid $3,493 in professional fundraising fees. At year end it held assets of $158k against liabilities of $11k, net assets of $147k. It reported 10 employees.