Loving Others on Purpose

Analysis

Loving Others on Purpose is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Loving Others on Purpose reported income of $993k and spending of $1.0m, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $368k to $993k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Others on Purpose sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include The Corbin Hill Food Project Inc ($993k), The Grandberry Intervention Foundation ($993k) and First Step ($993k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $100k (9.9% of expenses). Other salaries and wages came to $370k. At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 19 employees.