Loving Arms Cancer Outreach Incorporated

Analysis

Loving Arms Cancer Outreach Incorporated is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Loving Arms Cancer Outreach Incorporated reported income of $327k and spending of $341k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $327k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Loving Arms Cancer Outreach Incorporated sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Guam ($327k), Africa Network Evangelism Task Inc ($327k) and Shinun Vchazarah Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (13% of expenses). Other salaries and wages came to $28k. At year end it held assets of $321k against liabilities of $0, net assets of $321k. It reported 2 employees.