Love 4 Life Association

Analysis

Love 4 Life Association is a registered charity in United States, based in Perris, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 4 Life Association reported income of $76k and spending of $76k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $76k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Love 4 Life Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Technology Council of Maryland Foundation Inc ($76k), Sheridan Neighborhood Organization ($76k) and Harraseeket Foundation ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.