Florida · Nonprofit
WAVES OF LOVE INC
WAVES OF LOVE INC (Florida) receives grants from 6 organizations whose IRS filings report $87,816 to it, the largest being THE COMMUNITY FOUNDATION OF SARASOTA CO INC ($35,500). 4 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $197k
- Funders on record
- 6
- Grants received
- $88k
- Net assets
- $41k
What Waves of Love Inc does
Mission
To educate people in under-developed countries on Christianity, the bible, and to assist less fortunate individuals by offering educational programs, construction projects, food distribution and feeding programs. We offer others a chance to partner on the ground through trips to under-developed countries spreading the word of God and providing hope.
As stated on its FY2024 Form 990-EZ.
Programs
1)Feeding programs: A) Elders program 70 families: Each month we visit families that care for elders. They receive a food packet of rice, beans, oil, cornmeal and oatmeal on a monthly basis to help offset the cost of living for the family. Quarterly a hot meal is delivered with the food package. B) Children's feeding program: Five days a week 130 children receive a hot lunch filled with nutrition. Meals are also provided to pregnant mothers. C) family food packets 50: Families that are caring for chronically ill children receive a monthly food packet containing rice, beans, oil, cornmeal and oatmeal and a can of pediasure milk. D) Community food distribution: Each month we visit a rural community that has little access to work and live in extreme poverty. We gather as a community to prepare food packets for each family present. The packets contain rice, beans, oil, cornmeal and oatmeal. The number of households served in each community varies from 50 to 100 each month.
$16,000 spent22% of program spending2) Veterans Adventure trips under the Fortunate Son's program: This program offers a sponsored week on the mission field offering camaraderie, adventure and a service project. Thie veterans have adventures such as surfing, motorcycle riding, fishing trips, hiking volcanos and swimming. They have daily intentional talks geared towards healing through Jesus Christ. During the week the men actively served in the community providing food to a rural community of 47 people. They also installed a concrete floor into a home of a local family that had been living with a dirt floor.
$15,000 spent21% of program spending3) Women's ministry: Agua de Vida- a non-denominational Christian program offering 3 women's conferences with more than 400 in attendance. At each conference women were treated to a lunch and received books, bibles and other teaching materials. Agua de Vida is a group of women leaders in 12 different churches of various denominations. The group gathers monthly for a luncheon and bible training. Together this group organizes the conferences held throughout the year.
$20,000 spent27% of program spending4) College scholarships:3 colleges students. 5) Construction: single mom received a new home. 6) Library: two librarian's salaries for the year at an indigenous library, new 6 bookshelves provided, 2 whiteboards, and a laminator.
$22,134 spentof which $9,327 as grants30% of program spending
The 4 programs described on its FY2023 Form 990-EZ. Program spending in total: $73,134.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $87k to $65k (−26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of WAVES OF LOVE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 3 funders, grant income fell $30k → $2k.
3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WAVES OF LOVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
WAVES OF LOVE INC leans on a few funders — its largest provides 40% of grant income and the top three 95%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WAVES OF LOVE INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2020 50% · 2021 98% · 2022 79% · 2023 65% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
68% of WAVES OF LOVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $28k that is directly attributable, 100% of it comes from funders outside Florida, across 3 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $60k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
WAVES OF LOVE INC runs a healthier operating margin than half of the 12,816 religion nonprofits its size.
this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024
Government funding WAVES OF LOVE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50 on record.
- REFUNDS - GENERAL $50
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like WAVES OF LOVE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
93%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for WAVES OF LOVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds WAVES OF LOVE INC?
- WAVES OF LOVE INC (Florida) receives grants from 6 organizations whose IRS filings report $87,816 to it, the largest being THE COMMUNITY FOUNDATION OF SARASOTA CO INC ($35,500). 4 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does WAVES OF LOVE INC have?
- IRS filings report 6 organizations giving $87,816 in grants to WAVES OF LOVE INC, 4 of which have funded it in more than one year.
- Who is the largest funder of WAVES OF LOVE INC?
- THE COMMUNITY FOUNDATION OF SARASOTA CO INC is the largest funder on record, with $35,500 in grants. The full list of funders is on this page.
- How can an organization like WAVES OF LOVE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Waves of Love →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing