Love Inc of Greater Hillsboro

Analysis

Love Inc of Greater Hillsboro is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in March 2011, 15 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 2023, Love Inc of Greater Hillsboro reported income of $86k and spending of $75k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $114k to $86k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Inc of Greater Hillsboro sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within OR. Charities of a similar size with the same main cause include Love Inc of Oscoda County ($86k), Rocking Chair Deserters Inc ($86k) and Mad Ministries ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $149k against liabilities of $469, net assets of $148k.