We Love to Help Inc

Analysis

We Love to Help Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 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, We Love to Help Inc reported income of $206k and spending of $255k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $489k to $206k (-58%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Love to Help Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include The Remedy Project Inc ($206k), Stirrups N Strides Therapeutic Riding Center Inc ($206k) and Farm Villa Foundation Inc ($206k).

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