The Love Center Inc

Organization Overview

The Love Center Inc is located in Gadsden, AL. The organization was established in 1986. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Love Center Inc generated $98.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $120.5k during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FOR THE NEEDS OF THE POOR AND HOMELESS IN THE CITY OF GADSDEN, AL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES FOR THE NEEDS OF THE POOR AND HOMELESS IN THE CITY OF GADSDEN, AL. LODGING, MEALS, FINANCIAL, AND EMPLOYMENT ASSISTANCE ARE PROVIDED. DURING 2022, 91 NEEDS WERE MET.


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Board, Officers & Key Employees

Name (title)Compensation
Christy Turner Richards
Director
$10,010
Kristi Kent
President/vi
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $60,811
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$60,811
Total Program Service Revenue$37,155
Investment income $823
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $98,789

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Love Center Inc has recieved totaling $11,504.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,752
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,752
View Grant Recipient Profile

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