Public Charity

LOVING HEARTS FOR CHRIST BEAR CLOSET

LOVING HEARTS FOR CHRIST BEAR CLOSET is a Public Charity headquartered in Marion, NC. Financial data from the 2025 filing: $49K revenue, $68K expenses, $23K total assets. 3 publicly reported grants to this organization, totaling roughly $35K, appear in IRS filings.

EIN: 301219976 Marion, NC Alliances & Advocacy NTEE: P01 Latest filing: 2025
Total Revenue$49K
Total Expenses$68K
Total Assets$23K
Grant Records3
Funding Total$35K
Filing Years2024–2025

Mission

To enhance the quality of life for families with children in need by providing essential hygiene products, equipment, nutrition, and resources.

Where $100 goes at Loving Hearts for Christ Bear Closet

How Loving Hearts for Christ Bear Closet divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To enhance the quality of life for families with children in need by providing essential hygiene products, equipment, nutrition, and resources
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Treasurer Arrick Gordon
VP Cynthia Martinez
Secretary Danielle Gossett
Secretary Deborah Webb
VP Jessica Swafford
President Michael Gossett

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$25,000 1 grant
Public Safety & Disaster Relief
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $49K $68K $23K
2024 $71K $34K $41K

Between 2024 and 2025, reported annual revenue declined from $71K to $49K (-31%), with total assets most recently reported at $23K.

Interactive year-over-year charts and full filing details available with membership.

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