Love Inc - Heartland
Only null% goes to programs Strong reserves Growing revenue
Love Inc - Heartland is a 501(c)(3) organization based in Delano, Minnesota, registered in 2005, with $460,269 in FY2024 revenue. CharityIndex grades it B.
Po Box 143, Delano, MN, 55328 EIN 73-1713948 Since 2005
Revenue (FY2024)
$460K
▲ 7.4% vs prior year
Human Services median: $293K
Expenses (FY2024)
$396K
Net assets
$505K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Love Inc - Heartland— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Love Inc - Heartland: 15 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Love Inc - Heartland— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Love Inc - Heartland: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 143, Delano, MN, 55328
- City
- Delano
- State
- Minnesota
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue grew from $142K (FY2010) to $460K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $30KNet assets $505K
Operating margin
14.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$536K
Total liabilities
$30K
Net assets
$505K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $460,269▲7.4% | $395,613▲0.2% | $505,279▲14.7% | $535,650▲17.9% | 990 |
| 2023 | $428,466▲16.1% | $394,983▼2.0% | $440,623▲8.2% | $454,138▲3.0% | 990 |
| 2022 | $369,002▲15.8% | $403,173▲38.5% | $407,140▼7.7% | $440,984▼5.5% | 990 |
| 2021 | $318,614▼2.2% | $291,093▼2.3% | $441,311▲6.7% | $466,873▲6.1% | 990 |
| 2020 | $325,792▲13.5% | $298,071▲7.7% | $413,790▲7.2% | $440,056▲11.6% | 990 |
| 2019 | $287,094▲2.6% | $276,767▼0.9% | $386,069▲2.7% | $394,358▲0.7% | 990 |
| 2018 | $279,722▲4.3% | $279,342▼5.8% | $375,742▲0.1% | $391,662▲0.2% | 990 |
| 2017 | $268,184▼2.0% | $296,614▲6.9% | $375,362▼7.0% | $390,866▼5.7% | 990 |
| 2016 | $273,593▼54.1% | $277,369▲28.2% | $403,792▼0.9% | $414,619▼2.7% | 990 |
| 2015 | $595,881▲237% | $216,433▲14.9% | $407,568▲1349% | $425,979▲855% | 990 |
| 2014 | $176,666▼12.5% | $188,423▲4.2% | $28,120▼29.5% | $44,612▼15.1% | 990 |
| 2013 | $201,999▲4.2% | $180,763▼7.0% | $39,877▲114% | $52,574▲114% | 990 |
| 2012 | $193,834▲26.6% | $194,445▲23.1% | $18,641▼3.2% | $24,586▲27.7% | 990EZ |
| 2011 | $153,145▲7.6% | $157,925▲13.1% | $19,252▼19.9% | $19,252▼19.9% | 990EZ |
| 2010 | $142,264 | $139,577 | $24,032 | $24,032 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $154K total
14 grants to Love Inc - Heartland totaling $154K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Minneapolis Foundation | Donor advised, human services | 2024 | $14,100 |
| American Endowment Foundation | General operating support | 2024 | $10,000 |
| Minneapolis Foundation | Donor-advised, human services | 2023 | $13,000 |
| Minneapolis Foundation | Donor-recommended, human services | 2022 | $13,100 |
| Minneapolis Foundation | Donor-recommended, human services | 2021 | $13,000 |
| National Christian Charitable Foundation | Growth | 2020 | $14,000 |
| Minneapolis Foundation | General operating support | 2020 | $12,000 |
| Minneapolis Foundation | General operating support | 2020 | $12,000 |
| American Online Giving Foundation Inc | General support | 2020 | $5,903 |
| American Online Giving Foundation Inc | General support | 2020 | $5,903 |
| National Christian Charitable Foundation | Growth | 2019 | $10,000 |
| National Christian Charitable Foundation | Growth | 2018 | $10,000 |
| National Christian Charitable Foundation | Human services | 2015 | $10,900 |
| National Christian Charitable Foundation | Human services | 2014 | $10,000 |
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Compare Love Inc - Heartland
Frequently asked questions
- Is Love Inc - Heartland a legitimate nonprofit?
- Yes. Love Inc - Heartland is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-1713948, based in Delano, Minnesota. Donations are tax-deductible.
- What is Love Inc - Heartland's EIN?
- Love Inc - Heartland's Employer Identification Number (EIN) is 73-1713948.
- How much revenue does Love Inc - Heartland report?
- Love Inc - Heartland reported $460,269 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Love Inc - Heartland have?
- CharityIndex grades Love Inc - Heartland B, based on financial health (reserves and operating margin).
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Data for Love Inc - Heartland (EIN 73-1713948) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.