Love Inc of the Boise Community Incorporated

Analysis

Love Inc of the Boise Community Incorporated is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in February 2008, 18 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 December 2023, Love Inc of the Boise Community Incorporated reported income of $297k and spending of $307k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $359k to $297k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Inc of the Boise Community Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within ID. Charities of a similar size with the same main cause include Martin County Senior Citizens Corporation ($297k), Immigration Advocacy and Support Center Inc ($297k) and Les Enfants Centre Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $148k (48% of expenses). At year end it held assets of $303k against liabilities of $8,574, net assets of $294k. It reported 9 employees.