Love Chico Inc

Analysis

Love Chico Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in June 1986, 40 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 June 2023, Love Chico Inc reported income of $1.9m and spending of $1.9m, spending 102% of its income. Across the 6 years on record, from June 2018 to June 2023, income fell from $2.5m to $1.9m (-24%), an average of -5.5% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Chico Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Food Share of Lincoln County ($1.9m), Church in Your City ($1.9m) and New Morning Youth & Family Services ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 87% of the total. Other salaries and wages came to $675k. At year end it held assets of $1.6m against liabilities of $156k, net assets of $1.4m. It reported 16 employees.