Loving Concern International

Analysis

Loving Concern International is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2002, 24 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, Loving Concern International reported income of $378k and spending of $263k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $309k to $378k (+23%), an average of +11% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Concern International sits at the 60th 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 63rd percentile within CO. Charities of a similar size with the same main cause include Senior Center of Elk Grove ($378k), Hershey Food Bank and Community Outreach Inc ($378k) and Prosperity House Inc ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $12k, net assets of $50k.