Love N Kindness Community Development Corporation

Analysis

Love N Kindness Community Development Corporation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2024, Love N Kindness Community Development Corporation reported income of $143k and spending of $143k, spending 100% of its income. Across the 6 years on record, from September 2019 to September 2024, income fell from $219k to $143k (-35%), an average of -8.2% a year. The sharpest change came in the year to September 2021, when income dropped by 47%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Love N Kindness Community Development Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Hope Society Inc ($143k), Kalispell Senior Housing Inc ($143k) and Inez Apartments Inc ($143k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.