Operation Love Inc

Analysis

Operation Love Inc is a registered charity in United States, based in Pickerington, OH. It received its IRS tax-exemption ruling in July 2021, 5 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, Operation Love Inc reported income of $80k and spending of $72k, spending 89% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $115k to $80k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Love Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Rebecca Residence Foundation ($80k), Stop & Shop Giant Helping Hands Inc ($81k) and Richard Knights-Sue Kaderli Memorial Fund ($80k).

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 $11k against liabilities of $0, net assets of $11k.