Loc Family Services LLC

Analysis

Loc Family Services LLC is a registered charity in United States, based in Farmville, VA. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Loc Family Services LLC reported income of $147k and spending of $172k, spending 117% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $369k to $147k (-60%), an average of -37% a year. The sharpest change came in the year to September 2022, when income dropped by 66%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loc Family Services LLC sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Riverside Manor Inc ($147k), Association for Women Geoscientists Foundation ($147k) and Jandys Home ($147k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. At year end it held assets of $1 against liabilities of $17k, net assets of -$17k.