Loving on Purpose

Analysis

Loving on Purpose is a registered charity in United States, based in Shingle SPGS, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Loving on Purpose reported income of $1.3m and spending of $1.2m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.3m (+13%), an average of +2.5% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loving on Purpose sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Midtown Family Services ($1.3m), Hope Horizon East Palo Alto ($1.3m) and Congregation Rodfek Zedek Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $199k (16% of expenses). Other salaries and wages came to $364k. At year end it held assets of $382k against liabilities of $85k, net assets of $297k.