Light of Love Ministry

Analysis

Light of Love Ministry is a registered charity in United States, based in Riverside, IL. It received its IRS tax-exemption ruling in June 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, Light of Love Ministry reported income of $269k and spending of $265k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $269k (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of Love Ministry sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include R1 Ministries Inc ($269k), Final Fight Bible Radio ($269k) and Don Sunshine Ministries ($269k).

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 $21k against liabilities of $0, net assets of $21k.