Love Grows Love

Analysis

Love Grows Love is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in July 2019, 7 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, Love Grows Love reported income of $100k and spending of $272k, spending 272% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $228k to $100k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Love Grows Love sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include Paws Critter Crossing ($100k), Friends of Nisqually National Wildlife Refuge Complex ($100k) and Uspca Foundation Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.