Loving Hands Childrens Home

Analysis

Loving Hands Childrens Home is a registered charity in United States, based in Woodland HLS, CA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Hands Childrens Home reported income of $343k and spending of $361k, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $238k to $343k (+44%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Loving Hands Childrens Home sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Greater Faith Community Action Corporation ($343k), World Housing Inc ($344k) and MHC Chula Vista Non-Profit Housing Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of -$146k against liabilities of -$149k, net assets of $3,059.