Love Without Boundaries Foundation

Analysis

Love Without Boundaries Foundation is a registered charity in United States, based in Saint Petersburg, FL. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love Without Boundaries Foundation reported income of $3.6m and spending of $3.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.6m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Love Without Boundaries Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Comprehensive Human Services Corporation ($3.6m), Madonna of the Streets Inc ($3.6m) and Otsego County Ambulance Corps Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $607k. At year end it held assets of $3.2m against liabilities of $2,710, net assets of $3.2m. It reported 9 employees.