Love One Another Embassy Inc

Analysis

Love One Another Embassy Inc is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in November 1997, 29 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 2023, Love One Another Embassy Inc reported income of $2.8m and spending of $2.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.8m (+143%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love One Another Embassy Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Vision Communications International ($2.8m), Fa-Sheng Temple of the American Seattle Buddhist Association ($2.8m) and Sola Media ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $52k (1.9% of expenses). Other salaries and wages came to $52k. At year end it held assets of $1.4m against liabilities of $3,073, net assets of $1.4m. It reported 12 employees.