Love Inc of Manteca

Analysis

Love Inc of Manteca is a registered charity in United States, based in Manteca, CA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Manteca reported income of $64k and spending of $57k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $64k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Inc of Manteca sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Alma Outreach Center ($64k), Masonic School for Children with Learning Disabilities ($64k) and Orphans Assistance & Rescue Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $11k against liabilities of $36, net assets of $11k.