Ltlov

Analysis

Ltlov is a registered charity in United States, based in Lakeway, TX. It received its IRS tax-exemption ruling in June 2009, 17 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, Ltlov reported income of $84k and spending of $66k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $84k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ltlov sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Share a Smile ($84k), Martin Living Corp ($84k) and Low Income Housing Coalition of Alabama ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.