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International Love Ministries Inc

RegisteredEIN 87-3873219Coweta, OKReligion
Income$217k2023-12
Spending$205ksame year
Spent / received92%2-year average
Size in its cause67th pctReligion
Exempt since2022Publicly supported organisat
Employees1latest return

Analysis

International Love Ministries Inc is a registered charity in United States, based in Coweta, OK. It received its IRS tax-exemption ruling in February 2022, 4 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, International Love Ministries Inc reported income of $217k and spending of $205k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $217k (+222%), an average of +222% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Love Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within OK. Charities of a similar size with the same main cause include Ignite Ministries International Inc ($217k), Duke Ministry for Christ ($218k) and Global Compassion Ministries ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (40% of expenses). At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 1 employees.

Income and spending

$0$54k$109k$163k$217k2022 Income: $67,4482022 Spending: $55,97720222023 Income: $217,4982023 Spending: $204,6512023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Ignite Ministries International IncWalton$217k
Duke Ministry for ChristGreenville$218k
Global Compassion MinistriesSaint Charles$217k
Awakened Heart ProjectOlivebridge$218k