Maximum Impact Love Inc

Analysis

Maximum Impact Love Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2016, 10 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, Maximum Impact Love Inc reported income of $2.2m and spending of $2.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $763k to $2.2m (+192%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 264%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maximum Impact Love Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Under the Rainbow Early Education Center ($2.2m), Travelers Aid Society of Greater New Orleans ($2.2m) and Project R E S T ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $76k (3.1% of expenses). Other salaries and wages came to $377k. At year end it held assets of $1.0m against liabilities of $43k, net assets of $1.0m. It reported 13 employees.