Loyola
Analysis
Loyola is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Loyola reported income of $241k and spending of $263k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $228k to $241k (+5.5%), an average of +1.4% a year. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loyola sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Tennessee Alliance for Children and Families ($241k), Love Xyz Inc ($241k) and Circle of Concern Inc ($241k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 76% of the total. Other salaries and wages came to $163k. At year end it held assets of $283k against liabilities of $556, net assets of $282k. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 76%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tennessee Alliance for Children and Families | Nashville | $241k |
| Love Xyz Inc | Woodside | $241k |
| Circle of Concern Inc | Oceanside | $241k |
| The Angel Band Project | Saint Louis | $241k |