Love Without Reason Inc

Analysis

Love Without Reason Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Reason Inc reported income of $544k and spending of $537k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $544k (+137%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Without Reason Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Community Cooks Inc ($543k), American Friends of Rimanov Inc ($544k) and Hope in Our City ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (11% of expenses). It paid $1,745 in professional fundraising fees. At year end it held assets of $81k against liabilities of $16k, net assets of $65k. It reported 2 employees.