Love Works

Analysis

Love Works is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in August 2015, 11 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 Works reported income of $150k and spending of $176k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $150k (+2.9%), an average of +2.9% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Works sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within TN. Charities of a similar size with the same main cause include Valentine Area Community Senior Center Inc ($150k), Mower Council for the Handicapped ($150k) and Bright Sky Ministry Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $64k against liabilities of $9,201, net assets of $55k.