Love the Nations Inc

Analysis

Love the Nations Inc is a registered charity in United States, based in Toa Alta, PR. It received its IRS tax-exemption ruling in September 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, Love the Nations Inc reported income of $705k and spending of $659k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $705k (+130%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love the Nations 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 75th percentile, and in the 62nd percentile within PR. Charities of a similar size with the same main cause include Season of Justice Corporation ($705k), Extremely Precious Moments Inc ($705k) and Harden Education and Recreation Therapy Foundation ($705k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (12% of expenses). Other salaries and wages came to $126k. At year end it held assets of $252k against liabilities of $0, net assets of $252k. It reported 11 employees.