Love Inc of the Greater Livingston Area

Analysis

Love Inc of the Greater Livingston Area is a registered charity in United States, based in Howell, MI. It received its IRS tax-exemption ruling in February 2005, 21 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, Love Inc of the Greater Livingston Area reported income of $393k and spending of $346k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $393k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Inc of the Greater Livingston Area sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Morning Light Ministries International ($393k), Healing Paws for Warriors Inc ($393k) and Victory Women of Vision ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Other salaries and wages came to $195k. At year end it held assets of $379k against liabilities of $30k, net assets of $349k. It reported 15 employees.