Love in Action Incorporated

Analysis

Love in Action Incorporated is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in October 1988, 38 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 in Action Incorporated reported income of $94k and spending of $175k, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $94k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 121% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love in Action Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Keepin It Real Ministries ($94k), Shri Guru Nanak Dev Sikh Society of USA Incorporated ($94k) and Zen Buddhism Association Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $933k against liabilities of $0, net assets of $933k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.