Love Inc of Kootenai County

Analysis

Love Inc of Kootenai County is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in June 2017, 9 years ago. 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 Kootenai County reported income of $127k and spending of $112k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $127k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love Inc of Kootenai County sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within ID. Charities of a similar size with the same main cause include Figure Skating Club of Minneapolis ($127k), Waimea Alumni and Friends Foundation ($127k) and Roosevelt High School Golden Grads Association ($127k).

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 $112k against liabilities of $1,867, net assets of $110k.