Love Your Neighbor Projects Inc

Analysis

Love Your Neighbor Projects Inc is a registered charity in United States, based in Cooper City, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Your Neighbor Projects Inc reported income of $1.2m and spending of $62k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 2398%. Over the whole period it spent 11% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Love Your Neighbor Projects Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Dedman Foundation ($1.2m), Texas Masonic Charities Foundation ($1.2m) and Tri-County Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 71% of the total. Other salaries and wages came to $48k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.