Love Inc of North Marion County

Analysis

Love Inc of North Marion County is a registered charity in United States, based in Woodburn, OR. It received its IRS tax-exemption ruling in November 2010, 16 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, Love Inc of North Marion County reported income of $243k and spending of $173k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $226k to $243k (+7.8%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Inc of North Marion County sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within OR. Charities of a similar size with the same main cause include Mentoring Plus ($243k), Waterbrook Ministries NFP ($243k) and Rural Music Ministries ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $11k. At year end it held assets of $195k against liabilities of $352, net assets of $195k. It reported 1 employees.