Overview

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Est.

1989

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

LOVE INC is a nonprofit organization dedicated to coordinating assistance for needy individuals, drawing support from churches, individuals, and businesses. With an operating budget of $257.3K and total revenue of $278.5K for the 2024 filing year, the organization demonstrates a robust financial scale. It does not rely on any single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.loveinc.org.

Mission Statement

LOVE,INC. COORDINATES AVAILABLE ASSISTANCE FOR NEEDY PEOPLE. THIS ASSISTANCE COMES FROM CHURCHES, INDIVIDUALS, AND BUSINESSES.
Revenues
$278.5K
Expenses
$269.7K
Net Income:
+$8.8K
Assets
$260.3K
Liabilities
$0
Net Assets:
+$260.3K
Operating Budget
$257.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$5.7K
Largest grant received
$15K
J
John Schulz
Board Member
T
Tom Pratt
Board Member
J
Joseph Panico
Board Member

Frequently Asked Questions

What is LOVE INC’s budget?
In 2024, LOVE INC reported an annual operating budget of around $257 thousand. More detailed financial information is available to registered users.
What causes does LOVE INC support?
LOVE INC supports work in Human services management.
Where does LOVE INC operate?
LOVE INC is headquartered in Elyria, OH.
Who funded LOVE INC recently?
In 2025, LOVE INC received grants from STAFAST FOUNDATION INC AKA STAY FAST FOUNDATION INC, IN HIS STEPS FOUNDATION, and STAFAST FOUNDATION INC AKA STAY FAST FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant LOVE INC received in 2024?
The largest grant to LOVE INC in 2024 exceeds $15 thousand.