Love Worth Sharing

Analysis

Love Worth Sharing is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in January 2003, 23 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 Worth Sharing reported income of $247k and spending of $245k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $247k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Worth Sharing sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Be Bold Street Ministries ($247k), CPC of the WMM - Norcross Ga - One Inc ($247k) and Elevate Dance Ministry Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (5.2% of expenses). At year end it held assets of $41k against liabilities of $0, net assets of $41k. It reported 2 employees.