Love International Outreach Ministries
EIN: 570669681 · Florence, SC · NTEE: X200
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $38K |
| Net Assets | $-22,737 |
Is Love International Outreach Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Love International Outreach Ministries
Love International Outreach Ministries (EIN: 570669681) is a nonprofit organization based in Florence, SC, classified under NTEE code X200. The organization reported total revenue of $42K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love International Outreach Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love International Outreach Ministries is a micro nonprofit that has been operating for 48 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $38K |
| Surplus / Deficit | +$4K |
| Total Assets | $2K |
| Total Liabilities | $25K |
| Net Assets | $-22,737 |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 1099.9% |
| Months of Reserves | 0.7 months |
Financial Health Grade: B
In 2019, Love International Outreach Ministries reported a surplus of $4K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 1099.9% (high leverage).
Financial Trends
Over 9 years of filings (2011–2019), Love International Outreach Ministries's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +58.8% | +25.5% | -2.2% |
| 2018 | -17.3% | -14.8% | -61.8% |
| 2017 | +6.4% | -14.1% | -35.6% |
| 2016 | -12.0% | -13.5% | -30.8% |
| 2015 | -39.6% | -12.9% | -38.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Love International Outreach Ministries has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Love International Outreach Ministries with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1099.9%.
Frequently Asked Questions about Love International Outreach Ministries
Is Love International Outreach Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Love International Outreach Ministries (EIN: 570669681) insufficient data. 0 red flags identified, 0 strengths noted.
How does Love International Outreach Ministries spend its money?
Detailed spending breakdown data is not yet available for Love International Outreach Ministries. Check back for updated IRS 990 analysis.
Are donations to Love International Outreach Ministries tax-deductible?
Love International Outreach Ministries is registered as a tax-exempt nonprofit (EIN: 570669681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Love International Outreach Ministries located?
Love International Outreach Ministries is headquartered in Florence, South Carolina and files with the IRS under EIN 570669681. It is classified under NTEE code X200.
How many years of IRS 990 filings does Love International Outreach Ministries have?
Love International Outreach Ministries has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $42K in total revenue.
Filing History
IRS 990 filing history for Love International Outreach Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Love International Outreach Ministries's revenue has declined by 32.2%, moving from $62K to $42K. Total assets decreased by 40.7% over the same period, from $4K to $2K. Total functional expenses fell by 43.2%, from $67K to $38K. In its most recent filing year (2019), Love International Outreach Ministries reported a surplus of $4K, with revenue exceeding expenses. The organization holds $25K in liabilities against $2K in assets (debt-to-asset ratio: 1099.9%), resulting in net assets of $-22,737.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $42K | $38K | $2K | $25K | — | View 990 |
| 2018 | $26K | $30K | $2K | $29K | — | View 990 |
| 2017 | $32K | $35K | $6K | $29K | — | View 990 |
| 2016 | $30K | $41K | $9K | $29K | — | View 990 |
| 2015 | $34K | $48K | $14K | $22K | — | View 990 |
| 2014 | $56K | $55K | $22K | $17K | — | View 990 |
| 2013 | $55K | $57K | $3K | $0 | — | View 990 |
| 2012 | $53K | $52K | $5K | $108 | — | View 990 |
| 2011 | $62K | $67K | $4K | $217 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $42K, expenses of $38K, and assets of $2K (revenue +58.8% year-over-year).
- 2018: Revenue of $26K, expenses of $30K, and assets of $2K (revenue -17.3% year-over-year).
- 2017: Revenue of $32K, expenses of $35K, and assets of $6K (revenue +6.4% year-over-year).
- 2016: Revenue of $30K, expenses of $41K, and assets of $9K (revenue -12.0% year-over-year).
- 2015: Revenue of $34K, expenses of $48K, and assets of $14K (revenue -39.6% year-over-year).
- 2014: Revenue of $56K, expenses of $55K, and assets of $22K (revenue +2.7% year-over-year).
- 2013: Revenue of $55K, expenses of $57K, and assets of $3K (revenue +3.2% year-over-year).
- 2012: Revenue of $53K, expenses of $52K, and assets of $5K (revenue -14.0% year-over-year).
- 2011: Revenue of $62K, expenses of $67K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Love International Outreach Ministries:
Data Sources and Methodology
This transparency report for Love International Outreach Ministries is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.