Our Loving Mothers Children Inc

Analysis

Our Loving Mothers Children Inc is a registered charity in United States, based in Hampstead, NC. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2022, Our Loving Mothers Children Inc reported income of $254k and spending of $324k, spending 127% of what it took in. Across the 3 years on record, from June 2020 to June 2022, income fell from $339k to $254k (-25%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 226% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Our Loving Mothers Children Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Future Stars Camp Inc ($254k), Pembina County Annual Fair and Exhibition Association ($254k) and Ridge Baseball Club ($254k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.

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.