I Understand Love Heals

Analysis

I Understand Love Heals is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, I Understand Love Heals reported income of $400k and spending of $251k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $400k (+78%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, I Understand Love Heals sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Albany Area Ems Inc ($400k), Hebrew Homes Captive Services Inc ($400k) and Domus Pacis Family Respite Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $75k (30% of expenses). Other salaries and wages came to $43k. At year end it held assets of $488k against liabilities of $0, net assets of $488k. It reported 2 employees.