Public Charity

LOVE INC

LOVE INC is a nonprofit organization categorized as Public Charity based in ELYRIA, OH. Its most recent IRS filing (2024) reports revenue of $278K, expenses of $270K, total assets of $260K. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $73K.

EIN: 341633609 ELYRIA, OH Management & Technical Assistance NTEE: P02 Latest filing: 2024
Total Revenue$278K
Total Expenses$270K
Total Assets$260K
Grant Records7
Funding Total$73K
Filing Years2020–2024

Mission

THE MISSION OF LOVE IN THE NAME OF CHRIST IS TO MOBILIZE AND FACILITATE THE CHURCH TO TRANSFORM LIVES AND THE COMMUNITIES IN THE NAME OF JESUS CHRIST.

Where $100 goes at Love Inc

How Love Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$61 Programs the work itself
$21 Management running the organization
$18 Fundraising raising the next dollar

Inside the $61 for programs

$61
Love Inc's mission is to mobilize local churches to transform lives and communities by meeting needs in the name of christ
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Carla Robinson
VICE-PRESIDE Jacob Edward Wacker
EXECUTIVE DI John Schulz
PRESIDENT Joseph Panico
TREASURER Tom Pratt

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$54,500 3 grants
Economic Development
$5,700 1 grant
Unspecified
$13,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $278K $270K $260K
2023 $262K $265K $252K
2022 $235K $274K $254K
2021 $246K $245K $294K
2020 $417K $206K $316K

Between 2020 and 2024, reported annual revenue declined from $417K to $278K (-33%), with total assets most recently reported at $260K.

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

See the full picture for LOVE INC

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