Ps I Love You Ministries
EIN: 453777027 · Spartanburg, SC · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $948K |
| Total Expenses | $815K |
| Net Assets | $538K |
Is Ps I Love You Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ps I Love You Ministries
Ps I Love You Ministries (EIN: 453777027) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code P30. The organization reported total revenue of $948K and total assets of $679K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ps I Love You Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ps I Love You Ministries is a small nonprofit that has been operating for 9 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 37.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $910K |
| Total Expenses | $815K |
| Surplus / Deficit | +$95K |
| Total Assets | $671K |
| Total Liabilities | $133K |
| Net Assets | $538K |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 19.8% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Ps I Love You Ministries reported a surplus of $95K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 19.8% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Ps I Love You Ministries's revenue has grown at a compound annual growth rate (CAGR) of 37.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +154.1% | +162.0% | +18.2% |
| 2022 | -6.6% | +24.7% | +41.3% |
| 2021 | +62.3% | +42.1% | +18.8% |
| 2020 | +11.8% | +22.2% | +17.4% |
| 2019 | +29.7% | +9.0% | +100.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ps I Love You 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 Ps I Love You 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.8%.
Frequently Asked Questions about Ps I Love You Ministries
Is Ps I Love You Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Ps I Love You Ministries (EIN: 453777027) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ps I Love You Ministries spend its money?
Detailed spending breakdown data is not yet available for Ps I Love You Ministries. Check back for updated IRS 990 analysis.
Are donations to Ps I Love You Ministries tax-deductible?
Ps I Love You Ministries is registered as a tax-exempt nonprofit (EIN: 453777027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ps I Love You Ministries located?
Ps I Love You Ministries is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 453777027. It is classified under NTEE code P30.
How many years of IRS 990 filings does Ps I Love You Ministries have?
Ps I Love You Ministries has 10 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 $948K in total revenue.
Filing History
IRS 990 filing history for Ps I Love You Ministries showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Ps I Love You Ministries's revenue has grown by 1646.2%, moving from $52K to $910K. Total assets increased by 1438.4% over the same period, from $44K to $671K. Total functional expenses rose by 2120%, from $37K to $815K. In its most recent filing year (2023), Ps I Love You Ministries reported a surplus of $95K, with revenue exceeding expenses. The organization holds $133K in liabilities against $671K in assets (debt-to-asset ratio: 19.8%), resulting in net assets of $538K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $910K | $815K | $671K | $133K | — | View 990 |
| 2022 | $358K | $311K | $568K | $124K | — | View 990 |
| 2021 | $383K | $249K | $402K | $5K | — | View 990 |
| 2020 | $236K | $175K | $338K | $70K | — | View 990 |
| 2019 | $211K | $144K | $288K | $81K | — | View 990 |
| 2018 | $163K | $132K | $143K | $4K | — | View 990 |
| 2017 | $116K | $104K | $110K | $2K | — | View 990 |
| 2016 | $103K | $71K | $98K | $1K | — | View 990 |
| 2015 | $72K | $52K | $64K | $265 | — | View 990 |
| 2014 | $52K | $37K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $910K, expenses of $815K, and assets of $671K (revenue +154.1% year-over-year).
- 2022: Revenue of $358K, expenses of $311K, and assets of $568K (revenue -6.6% year-over-year).
- 2021: Revenue of $383K, expenses of $249K, and assets of $402K (revenue +62.3% year-over-year).
- 2020: Revenue of $236K, expenses of $175K, and assets of $338K (revenue +11.8% year-over-year).
- 2019: Revenue of $211K, expenses of $144K, and assets of $288K (revenue +29.7% year-over-year).
- 2018: Revenue of $163K, expenses of $132K, and assets of $143K (revenue +40.7% year-over-year).
- 2017: Revenue of $116K, expenses of $104K, and assets of $110K (revenue +11.8% year-over-year).
- 2016: Revenue of $103K, expenses of $71K, and assets of $98K (revenue +43.1% year-over-year).
- 2015: Revenue of $72K, expenses of $52K, and assets of $64K (revenue +38.7% year-over-year).
- 2014: Revenue of $52K, expenses of $37K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ps I Love You Ministries:
Data Sources and Methodology
This transparency report for Ps I Love You 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.