Abounding in Love Inc

Analysis

Abounding in Love Inc is a registered charity in United States, based in Jenison, MI. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Abounding in Love Inc reported income of $103k and spending of $100k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $103k (-4.3%), an average of -4.3% a year. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Abounding in Love Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include World Affairs Council of Rochester Ny Inc ($103k), Ormas Orphans ($103k) and Andrew Grene Foundation ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $702 against liabilities of $7,000, net assets of -$6,298.