Givelove

Analysis

Givelove is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Givelove reported income of $79k and spending of $92k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $79k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 42%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Givelove sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($79k), Lemmon Prairie Pine Apartments Inc ($79k) and Azalea Trace II Inc ($79k).

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 $25k (27% of expenses). At year end it held assets of $51k against liabilities of $34k, net assets of $17k. It reported 1 employees.