Love Our Community Inc

Analysis

Love Our Community Inc is a registered charity in United States, based in Uniontown, OH. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Our Community Inc reported income of $475k and spending of $465k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $475k (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 389%. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Love Our Community Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Pinehurst Retirement Housing Inc ($475k), Mercy Village Joplin Inc ($475k) and Eagle Rock Boys Home ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $24k (5.2% of expenses). Other salaries and wages came to $186k. It paid $21k in professional fundraising fees. At year end it held assets of $728k against liabilities of $900, net assets of $728k. It reported 14 employees.