Live Love

Analysis

Live Love is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Live Love reported income of $699k and spending of $339k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $699k (+159%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Live Love sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Invest for Better Inc ($699k), Sustaining Way ($699k) and Pathfinder Clubhouse ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $64k (19% of expenses). Other salaries and wages came to $25k. At year end it held assets of $2.0m against liabilities of $251k, net assets of $1.8m. It reported 7 employees.