Love Network of Baytown

Analysis

Love Network of Baytown is a registered charity in United States, based in Baytown, TX. It received its IRS tax-exemption ruling in May 1991, 35 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 Network of Baytown reported income of $254k and spending of $186k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $243k to $254k (+4.4%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Network of Baytown sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Phelps County Committee to Prevent Child Abuse ($254k), Food 4 Souls ($254k) and Heart to Care Tanzania ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $373k against liabilities of $2,000, net assets of $371k. It reported 10 employees.