Love Squared Missions Inc

Analysis

Love Squared Missions Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Squared Missions Inc reported income of $242k and spending of $266k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $131k to $242k (+84%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Squared Missions Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Communities in Schools of Lincoln County Inc ($242k), Soar Global Inc ($242k) and Ministerios Cristianos Fuente de Vida ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $77k against liabilities of $9, net assets of $77k. It reported 2 employees.