Love Never Fails International Inc

Analysis

Love Never Fails International Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Never Fails International Inc reported income of $547k and spending of $505k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $547k (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Love Never Fails International Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Washington School Counselorassociation ($547k), Bay Area Teacher Training Institute ($547k) and Fairfax Futures ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. Other salaries and wages came to $356k. At year end it held assets of $662k against liabilities of $0, net assets of $662k. It reported 20 employees.