Love Thy Neighbor in Service Inc

Analysis

Love Thy Neighbor in Service Inc is a registered charity in United States, based in Sandy Springs, GA. It received its IRS tax-exemption ruling in September 2001, 25 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 December 2023, Love Thy Neighbor in Service Inc reported income of $807k and spending of $773k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $807k (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Love Thy Neighbor in Service Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Romulus Non-Profit Senior Housing Inc C/O Cooperative Services Inc ($807k), Arlington Non-Profit Housing Corp ($807k) and Carroll Gardens Association Incorporated ($806k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (1.3% of expenses). At year end it held assets of $38k against liabilities of $0, net assets of $38k.