Loveall Foundation for Children

Analysis

Loveall Foundation for Children is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in September 2000, 26 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 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, Loveall Foundation for Children reported income of $436k and spending of $326k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $436k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Loveall Foundation for Children sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Lost Sheep Ministries Inc ($436k), Zichron Chasdei Eliezer Inc ($436k) and Woods Services Foundation ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. Compensation of current officers, directors and key employees was $13k (4.0% of expenses). At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.