Minnesota · Nonprofit
LOVE INC OF WORTHINGTON
LOVE INC OF WORTHINGTON (Minnesota) receives grants from 4 organizations whose IRS filings report $140,955 to it, the largest being UNITED WAY OF NOBLES COUNTY ($60,800). 3 of them have funded it in more than one year.
- Revenue FY2024
- $109k
- Funders on record
- 4
- Grants received
- $141k
- Net assets
- $23k
What Love Inc of Worthington does
Mission
Form 990, Part III - Additional Information 2024 Executive Summary of Accomplishments At its core, Love INC of Worthington is a ministry created to mobilize its 18 churches to reach out and serve their local community. This is lived out by equipping individual members to engage and empower their neighbors in need to live more purposeful lives. In total, Love INC mobilized 7 volunteers for 545 acts of service, totaling over 1900 hours and valued at $66,101. A lot was accomplished by this joint effort. The Love INC Clearinghouse Helpline continued to serve local callers with a wide range of needs. Part III continued On a daily basis caring volunteers listened to the needs of callers, asked questions to gain a greater understanding of their sotries, connected and verified information by speaking to others involved in their situation, offered encouragment & support, & connected callers with the most appropriate community resources. In total, we worked with 236 families in need. Working with these families we were able to help them problem solve their situations and provided referrals to services (church, government, community). Many of the referrals were to our partner churches for…
As stated on its FY2024 Form 990.
Programs
Not described on the e-filed return.
$56,460 spent90% of program spendingGap Ministries: Connecting and helping local Churches and volunteers to create new Ministries to meet the local needs that have been verified thru the Clearinghouse. Of the 243 calls received through the Clearinghouse: 545 adults and 230 childrens needs were met.
$4,900 spent8% of program spendingNot described on the e-filed return.
$1,694 spent3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $63,054.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $49k to $72k (+48%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of LOVE INC OF WORTHINGTON’s revenue is contributions — more reliant on donations than three-quarters of its peers (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Greg Wede
Executive director
Board chair
Mike Moore
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 3 funders, grant income fell $28k → $17k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LOVE INC OF WORTHINGTON’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LOVE INC OF WORTHINGTON leans on a few funders — its largest provides 43% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LOVE INC OF WORTHINGTON.
Largest funder’s share by year: 2017 71% · 2018 100% · 2019 54% · 2020 54% · 2021 59% · 2022 59% · 2023 59% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of LOVE INC OF WORTHINGTON's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $155 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LOVE INC OF WORTHINGTON's revenue fell 19% between 2017 and 2024.
this organization peer median middle 50% of peers· 21,616 human services nonprofits $100k–$1M, FY2024
Organizations like LOVE INC OF WORTHINGTON
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
48% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LOVE INC OF WORTHINGTON: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LOVE INC OF WORTHINGTON?
- LOVE INC OF WORTHINGTON (Minnesota) receives grants from 4 organizations whose IRS filings report $140,955 to it, the largest being UNITED WAY OF NOBLES COUNTY ($60,800). 3 of them have funded it in more than one year.
- How many funders does LOVE INC OF WORTHINGTON have?
- IRS filings report 4 organizations giving $140,955 in grants to LOVE INC OF WORTHINGTON, 3 of which have funded it in more than one year.
- Who is the largest funder of LOVE INC OF WORTHINGTON?
- UNITED WAY OF NOBLES COUNTY is the largest funder on record, with $60,800 in grants. The full list of funders is on this page.
- How can an organization like LOVE INC OF WORTHINGTON find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Love Inc of Worthington →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing