Love Inc of Linn County

Analysis

Love Inc of Linn County is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in September 2008, 18 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 Linn County reported income of $103k and spending of $95k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $103k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Inc of Linn County 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 38th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Gulu Methodist Partnership Incorporated ($102k), Streams of Arabah Ministries ($103k) and Northeast Islamic Community Center Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $262k against liabilities of $3,393, net assets of $258k.