316 Love Church Inc

316 Love Church Inc consistently operates at a deficit, with expenses exceeding revenue in all reported periods.

EIN: 10582722 · Riverdale, MD · NTEE: X21 · Updated: 2026-03-26

$104KRevenue

$666KAssets

55/100Mission Score (Fair)

X21

About 316 Love Church Inc

316 Love Church Inc (EIN: 10582722) is a nonprofit organization based in Riverdale, MD, classified under NTEE code X21. The organization reported total revenue of $104K and total assets of $666K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 316 Love Church Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

316 Love Church Inc demonstrates a concerning trend of operating deficits, with expenses consistently exceeding revenue in all three reported periods. In 2023, expenses were $124,225 against revenues of $119,152, continuing a pattern seen in 2022 ($69,217 expenses vs. $64,410 revenue) and 2021 ($73,874 expenses vs. $44,790 revenue). This indicates a reliance on existing assets or other funding sources to cover operational costs, which is not sustainable long-term. While the organization's assets have remained relatively stable, hovering around $700,000, the consistent net losses warrant closer examination of their financial management and fundraising strategies.

The organization's transparency is commendable in its reporting, with no officer compensation reported across all three periods, which is a positive indicator for donor trust. However, the consistent operating deficits raise questions about the efficiency of their spending and the effectiveness of their revenue generation efforts. A detailed breakdown of their expenses would be necessary to fully assess spending efficiency, but the overall financial trend suggests a need for strategic adjustments to achieve financial stability and ensure long-term viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates 316 Love Church Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, 316 Love Church Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

No officer compensation was reported in any of the three filing periods, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is a positive sign for minimizing overhead related to top salaries.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of 316 Love Church Inc's IRS 990 filings:

Consistent operating deficits across all reported periods (e.g., $124,225 expenses vs. $119,152 revenue in 2023).
Expenses consistently outpace revenue growth, indicating potential long-term financial instability.

Strengths

The following positive indicators were identified for 316 Love Church Inc:

No officer compensation reported, indicating low overhead for executive salaries.
Assets have remained relatively stable despite operating deficits, suggesting some financial reserves or careful management.
Revenue has shown a positive growth trend from $44,790 in 2021 to $119,152 in 2023.

Frequently Asked Questions about 316 Love Church Inc

Is 316 Love Church Inc financially sustainable?

Based on the consistent operating deficits where expenses exceed revenue in all reported periods (e.g., $124,225 expenses vs. $119,152 revenue in 2023), the organization's current financial model does not appear sustainable without drawing down assets or securing significant new funding.

How does 316 Love Church Inc cover its operating deficits?

The consistent deficits suggest the organization is either utilizing prior year surpluses, drawing from its asset base (which has remained relatively stable, indicating other funding sources or careful asset management), or incurring debt to cover operational shortfalls.

What is the trend in 316 Love Church Inc's revenue generation?

Revenue has shown growth from $44,790 in 2021 to $119,152 in 2023, which is a positive trend. However, expense growth has outpaced revenue growth, leading to persistent deficits.

Filing History

IRS 990 filing history for 316 Love Church Inc showing financial trends over 3 years of public records:

Over 3 years of IRS 990 filings (2021–2023), 316 Love Church Inc's revenue has grown by 166%, moving from $45K to $119K. Total assets increased by 0.4% over the same period, from $729K to $732K. Total functional expenses rose by 68.2%, from $74K to $124K. In its most recent filing year (2023), 316 Love Church Inc reported a deficit of $5K, with expenses exceeding revenue. The organization holds $172K in liabilities against $732K in assets (debt-to-asset ratio: 23.5%), resulting in net assets of $560K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$119K	$124K	$732K	$172K	—	View 990
2022	$64K	$69K	$738K	$173K	—	View 990
2021	$45K	$74K	$729K	$171K	—	—

Year-by-Year Financial Summary

2023: Revenue of $119K, expenses of $124K, and assets of $732K (revenue +85.0% year-over-year).
2022: Revenue of $64K, expenses of $69K, and assets of $738K (revenue +43.8% year-over-year).
2021: Revenue of $45K, expenses of $74K, and assets of $729K.

Data Sources and Methodology

This transparency report for 316 Love Church Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.