Love Never Fails International Inc

Analysis

Love Never Fails International Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in February 2013, 13 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 Never Fails International Inc reported income of $182k and spending of $236k, spending 130% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $236k to $182k (-23%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income rose by 103%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Love Never Fails International Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Kutoa Project Inc ($182k), Nesteam International ($182k) and Japan-America Society of Alabama Inc ($182k).

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 $88k (38% of expenses). Other salaries and wages came to $8,680. At year end it held assets of $413k against liabilities of $8,720, net assets of $405k. It reported 2 employees.