Abiding Love Charities Inc

Analysis

Abiding Love Charities Inc is a registered charity in United States, based in St Simons Is, GA. It received its IRS tax-exemption ruling in March 2021, 5 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 2022, Abiding Love Charities Inc reported income of $239k and spending of $232k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $228k to $239k (+4.7%), an average of +4.7% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abiding Love Charities Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Pneuma-Winds of Hope Inc ($239k), Howard County Council on Aging ($239k) and Titusville Area Senior Citizens Corporation ($239k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $65k. At year end it held assets of $66k against liabilities of $0, net assets of $66k. It reported 2 employees.