Love The Hungry Inc
EIN: 453865957 · Louisville, KY · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $306K |
| Total Expenses | $327K |
| Net Assets | $218K |
Is Love The Hungry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Love The Hungry Inc
Love The Hungry Inc (EIN: 453865957) is a nonprofit organization based in Louisville, KY, classified under NTEE code K30. The organization reported total revenue of $306K and total assets of $182K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love The Hungry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love The Hungry Inc is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $327K |
| Surplus / Deficit | $-69,990 |
| Total Assets | $274K |
| Total Liabilities | $56K |
| Net Assets | $218K |
| Operating Margin | -27.2% |
| Debt-to-Asset Ratio | 20.6% |
| Months of Reserves | 10.1 months |
Financial Health Grade: B
In 2023, Love The Hungry Inc reported a deficit of $70K with expenses exceeding revenue, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 20.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Love The Hungry Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | +111.6% | -25.8% |
| 2022 | +138.7% | +38.7% | +477.1% |
| 2021 | +9.1% | -45.7% | +291.0% |
| 2020 | -39.0% | -19.9% | -78.3% |
| 2019 | +12.6% | +49.9% | -18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Love The Hungry Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Love The Hungry Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.6%.
Frequently Asked Questions about Love The Hungry Inc
Is Love The Hungry Inc a legitimate charity?
Love The Hungry Inc (EIN: 453865957) is a registered tax-exempt nonprofit based in Kentucky. It has 12 years of IRS 990 filings on record. Total revenue: $306K. No red flags identified. Financial health grade: B.
How does Love The Hungry Inc spend its money?
Love The Hungry Inc reported $306K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Love The Hungry Inc tax-deductible?
Love The Hungry Inc is registered as a tax-exempt nonprofit (EIN: 453865957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Love The Hungry Inc located?
Love The Hungry Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 453865957. It is classified under NTEE code K30.
How many years of IRS 990 filings does Love The Hungry Inc have?
Love The Hungry Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $306K in total revenue.
Filing History
IRS 990 filing history for Love The Hungry Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Love The Hungry Inc's revenue has grown by 102.9%, moving from $127K to $257K. Total assets increased by 874.1% over the same period, from $28K to $274K. Total functional expenses rose by 223.7%, from $101K to $327K. In its most recent filing year (2023), Love The Hungry Inc reported a deficit of $70K, with expenses exceeding revenue. The organization holds $56K in liabilities against $274K in assets (debt-to-asset ratio: 20.6%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $257K | $327K | $274K | $56K | — | — |
| 2022 | $380K | $155K | $370K | $82K | — | — |
| 2021 | $159K | $111K | $64K | $2K | — | View 990 |
| 2020 | $146K | $205K | $16K | $2K | — | — |
| 2019 | $239K | $256K | $76K | $2K | — | View 990 |
| 2018 | $213K | $171K | $92K | $2K | — | View 990 |
| 2017 | $160K | $191K | $55K | $6K | — | View 990 |
| 2016 | $220K | $211K | $81K | $1K | — | View 990 |
| 2015 | $205K | $183K | $87K | $16K | — | View 990 |
| 2014 | $212K | $196K | $53K | $3K | — | View 990 |
| 2013 | $185K | $176K | $37K | $3K | — | View 990 |
| 2012 | $127K | $101K | $28K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257K, expenses of $327K, and assets of $274K (revenue -32.3% year-over-year).
- 2022: Revenue of $380K, expenses of $155K, and assets of $370K (revenue +138.7% year-over-year).
- 2021: Revenue of $159K, expenses of $111K, and assets of $64K (revenue +9.1% year-over-year).
- 2020: Revenue of $146K, expenses of $205K, and assets of $16K (revenue -39.0% year-over-year).
- 2019: Revenue of $239K, expenses of $256K, and assets of $76K (revenue +12.6% year-over-year).
- 2018: Revenue of $213K, expenses of $171K, and assets of $92K (revenue +33.0% year-over-year).
- 2017: Revenue of $160K, expenses of $191K, and assets of $55K (revenue -27.2% year-over-year).
- 2016: Revenue of $220K, expenses of $211K, and assets of $81K (revenue +7.4% year-over-year).
- 2015: Revenue of $205K, expenses of $183K, and assets of $87K (revenue -3.6% year-over-year).
- 2014: Revenue of $212K, expenses of $196K, and assets of $53K (revenue +15.0% year-over-year).
- 2013: Revenue of $185K, expenses of $176K, and assets of $37K (revenue +45.6% year-over-year).
- 2012: Revenue of $127K, expenses of $101K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Love The Hungry Inc:
Data Sources and Methodology
This transparency report for Love The Hungry 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.