Channel of Love Ministries

Analysis

Channel of Love Ministries is a registered charity in United States, based in Port Orchard, WA. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Channel of Love Ministries reported income of $189k and spending of $206k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $189k (-8.2%), an average of -8.2% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Channel of Love Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Pember Library & Museum ($189k), Word for Today ($189k) and Little League Baseball Inc ($189k).

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 $206k against liabilities of $4,117, net assets of $202k.