Love N Groceries

Analysis

Love N Groceries is a registered charity in United States, based in Beverly Hills, CA. 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 (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, Love N Groceries reported income of $454k and spending of $465k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $290k to $454k (+56%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love N Groceries sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Ohio District 5 Area Agency on Aging Foundation ($454k), Momcology ($454k) and Rudolphy-Mercy-Douglas Home for the Blind ($454k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.