Street Love Ministries Inc

Analysis

Street Love Ministries Inc is a registered charity in United States, based in Jefferson, GA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Street Love Ministries Inc reported income of $105k and spending of $79k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $105k (+165%), an average of +165% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Street Love Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Wakem - Up Ministry Inc ($105k), Beloved Archives Inc ($105k) and Goguma Global Mission ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $44k against liabilities of $18k, net assets of $27k.