Love Fort Wayne Inc

Analysis

Love Fort Wayne Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Fort Wayne Inc reported income of $493k and spending of $553k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $397k to $493k (+24%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Fort Wayne Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Jordan Rieser Legacy Foundation ($493k), Hare Krishna Temple of Austin ($493k) and Jeta Grove Foundation Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $113k (20% of expenses). Other salaries and wages came to $68k. At year end it held assets of $821k against liabilities of $95k, net assets of $726k. It reported 3 employees.