Loveboldly Inc

Analysis

Loveboldly Inc is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in June 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, Loveboldly Inc reported income of $76k and spending of $63k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $76k (+2.2%), an average of +2.2% a year. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loveboldly Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include The Shack ($76k), Iglesia Mision Cristiana Camino Al Cielo ($76k) and True Warriors Ministries Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.