Loving Connections

Analysis

Loving Connections is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, 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, Loving Connections reported income of $102k and spending of $117k, spending 115% of what it took in. Across the 5 years on record, from September 2020 to December 2023, income fell from $111k to $102k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 173%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Connections sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within AZ. Charities of a similar size with the same main cause include Community United Foundation ($102k), Russell County Food Pantry Inc ($102k) and Granada on Broadway Outreach Project ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $53k. At year end it held assets of $73k against liabilities of $0, net assets of $73k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.