Loving Education at Home

Analysis

Loving Education at Home is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Loving Education at Home reported income of $143k and spending of $157k, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $106k to $143k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loving Education at Home sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Warrior Music Boosters ($143k), Burlington High School Alumni Scholarship Foundation ($143k) and North Lake County Library Foundation Inc ($143k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.9% and program service revenue 15% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.