Love of Jesus Inc

Analysis

Love of Jesus Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love of Jesus Inc reported income of $576k and spending of $459k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $779k to $576k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love of Jesus Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Strategic World Impact Inc ($576k), Missionary Financial Services ($576k) and Julies Dream Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $212k. At year end it held assets of $22k against liabilities of $266, net assets of $22k.