Love the Golden Rule Inc

Analysis

Love the Golden Rule Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 the Golden Rule Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $708k to $1.4m (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love the Golden Rule Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Washington Women in Need ($1.4m), Lee County Junior Livestock Show Incorporated ($1.4m) and Hospice of Murray County Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Other salaries and wages came to $882k. At year end it held assets of $1.1m against liabilities of $4,296, net assets of $1.1m. It reported 19 employees.