Loveworks Leadership LLC

Analysis

Loveworks Leadership LLC is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Loveworks Leadership LLC reported income of $288k and spending of $393k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $471k to $288k (-39%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Loveworks Leadership LLC sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include Delaware Youth Soccer Association ($287k), Building Bridges ($288k) and Highwater Farm Project ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 2.1% of the total. Other salaries and wages came to $143k. At year end it held assets of $70k against liabilities of $6,749, net assets of $63k. It reported 2 employees.