Love for Linley Foundation Inc

Analysis

Love for Linley Foundation Inc is a registered charity in United States, based in North Easton, MA. It received its IRS tax-exemption ruling in September 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, Love for Linley Foundation Inc reported income of $74k and spending of $28k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $74k (+165%), an average of +165% a year. The sharpest change came in the year to December 2023, when income rose by 165%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love for Linley Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Wynn Housing Foundation ($74k), Fresh Start Pregnancy Resource Center Inc ($74k) and Laborers Local 66 Charitable Corp ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.