Love My Neighbor Foundation

Analysis

Love My Neighbor Foundation is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Love My Neighbor Foundation reported income of $63k and spending of $54k, spending 86% of its income. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love My Neighbor Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Muslim Community Center Corp ($63k), Living Water Mission Fellowship Inc ($63k) and Bethesda Changers Chapel ($63k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 90% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.