Lovely Project Inc

Analysis

Lovely Project Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Lovely Project Inc reported income of $168k and spending of $83k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $79k to $168k (+113%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 284%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lovely Project Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Scyfl&c Inc ($168k), Woodstown Pilesgrove Sacc ($168k) and United Anglers of Casa Grande Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. Other salaries and wages came to $50k. At year end it held assets of $220k against liabilities of $0, net assets of $220k. It reported 1 employees.