everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Power Of Love Ministry

Marblehead, MA / EIN 46-4096721 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2016397,025392,3004,7250.018%
2017475,377461,45513,9220.416%
2018482,983481,6761,307-0.418%
2019324,937318,3686,569-0.32%
2020428,941273,002155,9390.00%
2021356,280303,91652,3640.05%
2022359,224323,48035,7440.011%
2023376,085371,1694,9160.015%

In its most recent public year (2023), this organization brought in $4,916 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 15% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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