Love Inc of Siouxland

Analysis

Love Inc of Siouxland is a registered charity in United States, based in Rock Valley, IA. It received its IRS tax-exemption ruling in October 1994, 32 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 Inc of Siouxland reported income of $160k and spending of $137k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $160k (+1.0%), an average of +1.0% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love Inc of Siouxland sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include League of Volunteers for Exceptional People Inc ($160k), National Association for Welfare Research & Statistics ($160k) and Down by Downtown Music Inc ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $238k against liabilities of $1,445, net assets of $237k.