Lovelikety

Analysis

Lovelikety is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lovelikety reported income of $187k and spending of $176k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $187k (+81%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lovelikety sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Bardstown Foundation for Excellence in Public Education ($187k), Charter Foundation ($187k) and Memorial-Spauling Parent Teacher Organization Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.