Love & Truth Network Inc

Analysis

Love & Truth Network Inc is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love & Truth Network Inc reported income of $343k and spending of $296k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $279k to $343k (+23%), an average of +11% a year. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love & Truth Network Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Sai Parivar Foundation ($343k), Nefesh Hachaim Mentoring Inc ($343k) and Kim Walker Smith Ministries ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $27k (9.0% of expenses). Other salaries and wages came to $70k. At year end it held assets of $318k against liabilities of $0, net assets of $318k. It reported 3 employees.