Love Your Neighbor Asia Corporation

Analysis

Love Your Neighbor Asia Corporation is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 August 2024, Love Your Neighbor Asia Corporation reported income of $61k and spending of $59k, spending 96% of its income. Across the 3 years on record, from August 2022 to August 2024, income fell from $69k to $61k (-11%), an average of -5.8% a year. The sharpest change came in the year to August 2024, when income dropped by 19%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Love Your Neighbor Asia Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Bridge Builders Alabama ($61k), Soul2soulz Inc ($61k) and Juega Como Campeon ($61k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $14k, net assets of $74k.