Love Your Neighbor of West Michigan

Analysis

Love Your Neighbor of West Michigan is a registered charity in United States, based in Hudsonville, MI. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Love Your Neighbor of West Michigan reported income of $942k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.9m to $942k (-51%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love Your Neighbor of West Michigan sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($942k), Privacy Rights Clearinghouse ($942k) and Howard Park Early Intervention Center ($942k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $53k (5.1% of expenses). Other salaries and wages came to $408k. At year end it held assets of $3.7m against liabilities of $21k, net assets of $3.6m.