Sunday Love Project

Analysis

Sunday Love Project is a registered charity in United States, based in Philadelphia, PA. 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, Sunday Love Project reported income of $292k and spending of $313k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $231k to $292k (+26%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunday Love Project sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Miami Shores People of Color Inc- ($292k), Our Deaf Survivors Center Inc ($292k) and Ashas Refuge ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $67k (21% of expenses). Other salaries and wages came to $30k. At year end it held assets of $308k against liabilities of $150k, net assets of $158k. It reported 7 employees.