Love N Action CDC

Analysis

Love N Action CDC is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 N Action CDC reported income of $141k and spending of $128k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $141k (+443%), an average of +443% a year. The sharpest change came in the year to December 2023, when income rose by 443%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Love N Action CDC sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Snowbirds Snowmobile Club ($141k), Rotary Club of Tampa Foundation Inc ($141k) and Career Services for Persons with Disabilities Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.