Love to Learn Inc

Analysis

Love to Learn Inc is a registered charity in United States, based in Lake Wales, FL. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Love to Learn Inc reported income of $715k and spending of $689k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $509k to $715k (+41%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Love to Learn Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Eyol Inc ($715k), River Hills Christian Academy ($715k) and Ezekiel Center Inc ($715k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $148k (21% of expenses). Other salaries and wages came to $238k. At year end it held assets of $150k against liabilities of $5,174, net assets of $145k.