Love Thy Neighbor King George

Analysis

Love Thy Neighbor King George is a registered charity in United States, based in King George, VA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Thy Neighbor King George reported income of $183k and spending of $115k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $183k (+185%), an average of +185% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Thy Neighbor King George sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Full Circle Home of Rochester Ny Inc ($183k), Loving and Healthy and Vibrant Marriages Inc ($183k) and Mercer County House of Hope ($183k).

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 $102k against liabilities of $0, net assets of $102k.