Love Station Inc

Analysis

Love Station Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Love Station Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Love Station Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Good Energy Collective Incorporated ($2.0m), Joliet Area Historical Museum ($2.0m) and Stuhr Museum of the Prairie Pioneer ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $128k (6.3% of expenses). Other salaries and wages came to $611k. It paid $71k in professional fundraising fees. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m. It reported 22 employees.