School of Love Inc

Analysis

School of Love Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, School of Love Inc reported income of $175k and spending of $179k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $175k (-10%), an average of -10% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School of Love Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within KS. Charities of a similar size with the same main cause include San Angelo Diabetes Coalition ($175k), PTA California Congress of Parents Teachers & Students Inc ($175k) and PTA Kansas Congress of Parents and Teachers ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $85k (47% of expenses). Other salaries and wages came to $15k. At year end it held assets of $5,150 against liabilities of $376, net assets of $4,774. It reported 2 employees.