Assuring Love Child Placement Agency

Analysis

Assuring Love Child Placement Agency is a registered charity in United States, based in Duncanville, TX. It received its IRS tax-exemption ruling in December 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 December 2023, Assuring Love Child Placement Agency reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Assuring Love Child Placement Agency sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Washington-Mclaughlin Adult Day Care Center ($1.3m), Haven Services ($1.3m) and Marguerites Place Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $168k (15% of expenses). Other salaries and wages came to $179k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 6 employees.