Love Unity & Values Institute

Analysis

Love Unity & Values Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Unity & Values Institute reported income of $1.8m and spending of $1.4m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $581k to $1.8m (+209%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Love Unity & Values Institute sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Marguerite Neel Williams Boys & Girls Clubs of Southwest Ga Inc ($1.8m), Underpriviledged Children Foundation Inc ($1.8m) and Gene Slays Boys Club of St Louis Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $278k (20% of expenses). Other salaries and wages came to $174k. At year end it held assets of $1.1m against liabilities of $349k, net assets of $714k. It reported 6 employees.