Love in Action Inc

Analysis

Love in Action Inc is a registered charity in United States, based in Pelham, AL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love in Action Inc reported income of $62k and spending of $71k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $62k (+2.4%), an average of +2.4% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love in Action Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Avon Grove Recreation Association ($62k), Lending Hands Foundation ($62k) and Emmanuel Bible College ($62k).

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 $21k against liabilities of $0, net assets of $21k.