Selfless Love Foundation Inc

Analysis

Selfless Love Foundation Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Selfless Love Foundation Inc reported income of $4.3m and spending of $3.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.3m (+132%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Selfless Love Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Northwest Pilot Project Inc ($4.3m), Kitchen Inc ($4.3m) and Img Helps ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $229k (6.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.1m against liabilities of $387k, net assets of $5.7m. It reported 24 employees.