Love Inc of the Yampa Valley

Analysis

Love Inc of the Yampa Valley is a registered charity in United States, based in Craig, CO. It received its IRS tax-exemption ruling in November 2001, 25 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 the Yampa Valley reported income of $87k and spending of $77k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $87k (+7.7%), an average of +7.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Inc of the Yampa Valley 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 30th percentile within CO. Charities of a similar size with the same main cause include Elizabeth Warner Marvin Community House Inc ($87k), Goodness Grows ($87k) and Freedom Co-Op Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $3,658, net assets of $20k.