True Love Ministry Inc

Analysis

True Love Ministry Inc is a registered charity in United States, based in Bourbon, MO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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, True Love Ministry Inc reported income of $117k and spending of $78k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $117k (-5.9%), an average of -5.9% a year. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, True Love Ministry Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MO. Charities of a similar size with the same main cause include Kids Against Hunger-Sioux Falls ($117k), Living Water for Kenya ($118k) and Tor Child Development Center ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. At year end it held assets of $191k against liabilities of $1,064, net assets of $190k.