Love in the Name of Christ of Benton County

Analysis

Love in the Name of Christ of Benton County is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 in the Name of Christ of Benton County reported income of $342k and spending of $394k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $342k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love in the Name of Christ of Benton County sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Bradenton Dream Center Inc ($342k), Roger Hoagland Christian Missions ($342k) and Phillip Baker Ministries ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $191k. At year end it held assets of $201k against liabilities of $2,717, net assets of $199k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.