Love Must Act Inc

Analysis

Love Must Act Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Must Act Inc reported income of $412k and spending of $366k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $242k to $412k (+70%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Love Must Act Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within KY. Charities of a similar size with the same main cause include Starfysh ($412k), Latin American Missions Board Inc ($413k) and Yeshivas Derech Hamlech Inc ($412k).

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 $98k (27% of expenses). At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 2 employees.