Love Moves US Inc

Analysis

Love Moves US Inc is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Moves US Inc reported income of $199k and spending of $209k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $194k to $199k (+2.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Moves US Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Casa of Lake County ($199k), Boscovet Project ($199k) and Federation Day Care Foundation Inc ($199k).

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 $78k (37% of expenses). Other salaries and wages came to $15k. At year end it held assets of $247k against liabilities of $0, net assets of $247k. It reported 3 employees.