Light of Loving Kindness

Analysis

Light of Loving Kindness is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2018, 8 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, Light of Loving Kindness reported income of $102k and spending of $120k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $102k (+12%), an average of +12% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of Loving Kindness 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 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include R E N E W E D Ministries USA Inc ($102k), Christs Footprints in Africa ($102k) and Go Therefore Inc ($102k).

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 $418 against liabilities of $12k, net assets of -$12k.