Let Love Live

Analysis

Let Love Live is a registered charity in United States, based in Cookville, TX. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Let Love Live reported income of $622k and spending of $574k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $539k to $622k (+15%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Let Love Live 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 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Cedarhill Animal Sanctuary Inc ($621k), Sumner Spay Neuter Alliance ($622k) and Iowa Farm Sanctuary ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $193k. It paid $6,410 in professional fundraising fees. At year end it held assets of $445k against liabilities of $240k, net assets of $205k. It reported 20 employees.