Love for Romania

Analysis

Love for Romania is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Love for Romania reported income of $197k and spending of $1.3m, spending 665% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $197k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 191% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Love for Romania sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Akonda Ministries ($197k), Grigor Gevorgyan Foundation ($197k) and New Hope Centre Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.