Love Thy Neighbor Too

Analysis

Love Thy Neighbor Too is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love Thy Neighbor Too reported income of $13.3m and spending of $5.6m, leaving 58% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $8.7m to $13.3m (+53%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 2731%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Love Thy Neighbor Too sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Moose Foundation Inc ($13.3m), East Lake Foundation Inc ($13.4m) and Jewish Community Foundation of Orange County ($13.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $33.4m against liabilities of $36k, net assets of $33.4m.