Love Inc of Greater Hershey

Analysis

Love Inc of Greater Hershey is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Greater Hershey reported income of $260k and spending of $255k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $261k to $260k (-0.7%), an average of -0.2% a year. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Inc of Greater Hershey sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Kingdom in Action Family ($260k), Sun Ministries ($260k) and Prakash Ministries ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $99k (39% of expenses). Other salaries and wages came to $30k. At year end it held assets of $211k against liabilities of $400, net assets of $210k. It reported 5 employees.