Love in the Name of Christ Inc of the Newberg Area

Analysis

Love in the Name of Christ Inc of the Newberg Area is a registered charity in United States, based in Newberg, OR. It received its IRS tax-exemption ruling in March 2004, 22 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 2022, Love in the Name of Christ Inc of the Newberg Area reported income of $384k and spending of $279k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $243k to $384k (+58%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love in the Name of Christ Inc of the Newberg Area sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Lighthouse Christian Academy Inc ($384k), Saving Our Seniors Inc ($384k) and Rio Association Inc ($384k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $45k (16% of expenses). Other salaries and wages came to $94k. At year end it held assets of $371k against liabilities of $2,377, net assets of $369k. It reported 7 employees.