The Love Kitchen Incorporated
EIN: 621448193 · Knoxville, TN · NTEE: K35
| Metric | Value |
|---|---|
| Total Revenue | $439K |
| Total Expenses | $312K |
| Net Assets | $982K |
Is The Love Kitchen Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Love Kitchen Incorporated
The Love Kitchen Incorporated (EIN: 621448193) is a nonprofit organization based in Knoxville, TN, classified under NTEE code K35. The organization reported total revenue of $439K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Love Kitchen Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Love Kitchen Incorporated is a small nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $425K |
| Total Expenses | $312K |
| Surplus / Deficit | +$113K |
| Total Assets | $985K |
| Total Liabilities | $2K |
| Net Assets | $982K |
| Operating Margin | 26.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2023, The Love Kitchen Incorporated reported a surplus of $113K with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2010–2023), The Love Kitchen Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.4% | +9.7% | +14.1% |
| 2022 | +0.7% | -9.9% | +33.5% |
| 2021 | +51.5% | +1.9% | +96.9% |
| 2020 | +98.0% | +16.4% | +49.3% |
| 2019 | +4.7% | +21.3% | -20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Love Kitchen Incorporated 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 The Love Kitchen Incorporated 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 surplus of $113K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about The Love Kitchen Incorporated
Is The Love Kitchen Incorporated a legitimate charity?
The Love Kitchen Incorporated (EIN: 621448193) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $439K. No red flags identified. Financial health grade: A.
How does The Love Kitchen Incorporated spend its money?
The Love Kitchen Incorporated reported $439K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Love Kitchen Incorporated tax-deductible?
The Love Kitchen Incorporated is registered as a tax-exempt nonprofit (EIN: 621448193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Love Kitchen Incorporated located?
The Love Kitchen Incorporated is headquartered in Knoxville, Tennessee and files with the IRS under EIN 621448193. It is classified under NTEE code K35.
How many years of IRS 990 filings does The Love Kitchen Incorporated have?
The Love Kitchen Incorporated 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 $439K in total revenue.
Filing History
IRS 990 filing history for The Love Kitchen Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), The Love Kitchen Incorporated's revenue has grown by 6.6%, moving from $399K to $425K. Total assets increased by 102% over the same period, from $487K to $985K. Total functional expenses rose by 3.2%, from $303K to $312K. In its most recent filing year (2023), The Love Kitchen Incorporated reported a surplus of $113K, with revenue exceeding expenses. The organization holds $2K in liabilities against $985K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $982K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $425K | $312K | $985K | $2K | — | — |
| 2022 | $638K | $285K | $863K | $0 | — | View 990 |
| 2021 | $634K | $316K | $646K | $-230 | — | View 990 |
| 2020 | $419K | $310K | $328K | $-230 | — | — |
| 2019 | $211K | $266K | $220K | $-230 | — | View 990 |
| 2018 | $202K | $220K | $276K | $-196 | — | View 990 |
| 2017 | $186K | $196K | $294K | $-230 | — | View 990 |
| 2016 | $236K | $223K | $304K | $-230 | — | View 990 |
| 2015 | $254K | $332K | $291K | $-231 | — | View 990 |
| 2014 | $360K | $371K | $368K | $-292 | — | — |
| 2011 | $402K | $1.2M | $552K | $0 | — | — |
| 2010 | $399K | $303K | $487K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $425K, expenses of $312K, and assets of $985K (revenue -33.4% year-over-year).
- 2022: Revenue of $638K, expenses of $285K, and assets of $863K (revenue +0.7% year-over-year).
- 2021: Revenue of $634K, expenses of $316K, and assets of $646K (revenue +51.5% year-over-year).
- 2020: Revenue of $419K, expenses of $310K, and assets of $328K (revenue +98.0% year-over-year).
- 2019: Revenue of $211K, expenses of $266K, and assets of $220K (revenue +4.7% year-over-year).
- 2018: Revenue of $202K, expenses of $220K, and assets of $276K (revenue +8.7% year-over-year).
- 2017: Revenue of $186K, expenses of $196K, and assets of $294K (revenue -21.2% year-over-year).
- 2016: Revenue of $236K, expenses of $223K, and assets of $304K (revenue -7.3% year-over-year).
- 2015: Revenue of $254K, expenses of $332K, and assets of $291K (revenue -29.4% year-over-year).
- 2014: Revenue of $360K, expenses of $371K, and assets of $368K (revenue -10.5% year-over-year).
- 2011: Revenue of $402K, expenses of $1.2M, and assets of $552K (revenue +0.9% year-over-year).
- 2010: Revenue of $399K, expenses of $303K, and assets of $487K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Love Kitchen Incorporated:
Data Sources and Methodology
This transparency report for The Love Kitchen Incorporated 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.