Love Chapel Foundation

Analysis

Love Chapel Foundation is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in May 2009, 17 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 Chapel Foundation reported income of $102k and spending of $33k, leaving 67% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $61k to $102k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 22% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Chapel Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Iglesia Pentecostes Fuente de Victoria ($102k), Centro Aviva Iglesia de Jesucristo Nueva ($102k) and Mafico Leadership Renewal Institute ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $836k against liabilities of $0, net assets of $836k.