Deep Love Ministries

Analysis

Deep Love Ministries is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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, Deep Love Ministries reported income of $107k and spending of $88k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $107k (+0.8%), an average of +0.8% a year. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deep Love Ministries sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Jetsetv FC Inc ($107k), Cypress Creek Christian Community Center of Houston Texas ($107k) and Pennsylvania Society for the Advancement of the Deaf ($107k).

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 $132k against liabilities of $1,937, net assets of $130k.