Love Unlimited Inc

Analysis

Love Unlimited Inc is a registered charity in United States, based in Saint Helena, CA. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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 Unlimited Inc reported income of $56k and spending of $53k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $56k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love Unlimited Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Bassett Society Inc ($56k), Warrior Jace Foundation ($56k) and Soccer Assoc for Youth ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.