Free2luv Inc

Analysis

Free2luv Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2014, 12 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, Free2luv Inc reported income of $161k and spending of $192k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $161k (+6.1%), an average of +6.1% a year. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free2luv Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Nat Org of Minority Architects Charitable & Educational Foundatio ($161k), Cross Generational Ministries Inc ($161k) and Spudstate Cares Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.