Living Loved Project

Analysis

Living Loved Project is a registered charity in United States, based in Owosso, MI. It received its IRS tax-exemption ruling in February 2016, 10 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, Living Loved Project reported income of $245k and spending of $253k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $245k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Loved Project sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Michael Ministries ($245k), Living Waters for Christ Inc ($245k) and Swaminarayan Satsang Mandal of Atlanta ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $35k (14% of expenses). At year end it held assets of $47k against liabilities of $5,598, net assets of $41k. It reported 2 employees.