Loving Bottoms Diaper Bank

Analysis

Loving Bottoms Diaper Bank is a registered charity in United States, based in Galesburg, IL. 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 Bottoms Diaper Bank reported income of $291k and spending of $294k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $221k to $291k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Bottoms Diaper Bank sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Suprseed Inc ($291k), Nest Nourish Everyone Sustainably Together ($291k) and California Hands & Voices ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $30k (10% of expenses). Other salaries and wages came to $19k. At year end it held assets of $211k against liabilities of $5,156, net assets of $206k. It reported 3 employees.