Project Love One

Analysis

Project Love One is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Project Love One reported income of $55k and spending of $68k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $27k to $55k (+103%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Project Love One sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Waterbrook Hills ($55k), Utah Refugee Goats ($55k) and Miami Council for International Visitors Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.