Love Grows Program Inc

Analysis

Love Grows Program Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Love Grows Program Inc reported income of $95k and spending of $104k, spending 109% of what it took in. Across the 4 years on record, from July 2021 to July 2024, income grew from $27k to $95k (+252%), an average of +52% a year. The sharpest change came in the year to July 2022, when income rose by 365%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Love Grows Program Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Sumac Elementary School Parent Faculty Association ($95k), Hedberg Public Library Foundation Inc ($95k) and Michael Cronhelm and Taft Conlin Foundation ($95k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 110% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.