Love of Christ Foundation Inc

Analysis

Love of Christ Foundation Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love of Christ Foundation Inc reported income of $930k and spending of $937k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $930k (+165%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love of Christ Foundation Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Hindu Temple and Cultural Center of Orangeburg South Carolina ($930k), Emit USA Inc ($930k) and Deep Well Campus Ministries ($930k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,851 against liabilities of $0, net assets of $1,851.