Loveunited

Analysis

Loveunited is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Loveunited reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $55k (+1.8%), an average of +1.8% a year. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loveunited sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Power of Prayer Inc ($55k), Iglesia Cristiana Jesucristo Principe de Paz ($55k) and Lighthouse Prison Ministries Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,594 against liabilities of $0, net assets of $6,594.