Worthy of Love

Analysis

Worthy of Love is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, Worthy of Love reported income of $468k and spending of $422k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $468k (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Worthy of Love sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Mothers Day Out of Westchester Inc ($468k), Departamento de LA Comida de Puerto Rico ($468k) and Duncan Community Residence Inc ($468k).

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 $60k (14% of expenses). At year end it held assets of $150k against liabilities of $0, net assets of $150k.