Love McKinley Inc

Analysis

Love McKinley Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love McKinley Inc reported income of $195k and spending of $300k, spending 154% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $202k to $195k (-3.6%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Love McKinley Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Civitas Citizens Inc ($195k), Lighthouse of the Carolinas Inc ($195k) and Francis D Murnaghan Jr Appellate Advocacy Fellowship Inc ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $67k against liabilities of $11k, net assets of $56k.