Love Inc of Allendale

Analysis

Love Inc of Allendale is a registered charity in United States, based in Allendale, MI. It received its IRS tax-exemption ruling in November 1989, 37 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 September 2023, Love Inc of Allendale reported income of $624k and spending of $535k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $549k to $624k (+14%), an average of +3.2% a year. The sharpest change came in the year to September 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Inc of Allendale 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 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Positive Discipline Association ($624k), Philadelphia Hune Inc ($624k) and Women in Ranching Inc ($624k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $204k. At year end it held assets of $928k against liabilities of $172k, net assets of $756k. It reported 15 employees.