Loving Hands Community Care Inc

Analysis

Loving Hands Community Care Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, 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, Loving Hands Community Care Inc reported income of $103k and spending of $88k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $103k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Hands Community Care Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Light Partnership Corp ($103k), Community Initiatives Foundation ($103k) and Whitewater Therapeutic & Recreational Riding Association ($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 $50k against liabilities of $0, net assets of $50k.