Love Inc Of Lorain County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,401 | 145,906 | −5,505 | 2.8 | 52% |
| 2012 | 136,466 | 147,615 | −11,149 | 1.9 | 54% |
| 2013 | 151,489 | 134,621 | 16,868 | 3.6 | 53% |
| 2014 | 153,315 | 144,591 | 8,724 | 4.0 | 50% |
| 2015 | 148,661 | 151,202 | −2,541 | 3.7 | 52% |
| 2016 | 179,898 | 164,556 | 15,342 | 4.5 | 49% |
| 2017 | 166,263 | 163,962 | 2,301 | 4.7 | 53% |
| 2018 | 181,321 | 175,882 | 5,439 | 4.7 | 51% |
| 2019 | 206,164 | 193,842 | 12,322 | 5.1 | 49% |
| 2020 | 416,831 | 205,729 | 211,102 | 17.1 | 50% |
| 2021 | 246,060 | 244,965 | 1,095 | 14.4 | 45% |
| 2022 | 234,542 | 273,910 | −39,368 | 11.1 | 43% |
| 2023 | 262,029 | 264,944 | −2,915 | 11.4 | 48% |
In its most recent public year (2023), this organization spent $2,915 more than it brought in. Its reserves stood at about 11.4 months of spending, up from 2.8 in 2011. Staff pay was 48% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Love Inc Of Lorain County's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works