Love N Care Ministries U S a

Analysis

Love N Care Ministries U S a is a registered charity in United States, based in N Bennington, VT. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love N Care Ministries U S a reported income of $563k and spending of $444k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $563k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love N Care Ministries U S a sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 67th percentile within VT. Charities of a similar size with the same main cause include Santa Fe Montessori Childcare Program ($563k), Bless Your Heart Nonprofit Corporation ($563k) and Christian Service Center of Columbia County Inc ($563k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $558k against liabilities of $182k, net assets of $376k.