Love Thy Neighbor-Grand Traverse Region

Analysis

Love Thy Neighbor-Grand Traverse Region is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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-Grand Traverse Region reported income of $80k and spending of $93k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $80k (-6.1%), an average of -6.1% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love Thy Neighbor-Grand Traverse Region sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Friends of Stone Academy ($80k), PTA California Congress of Parents Teachers & Students Inc ($80k) and PTA New York Congress ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $25k against liabilities of $1,370, net assets of $24k.