Love PV Inc

Analysis

Love PV Inc is a registered charity in United States, based in Pauls Valley, OK. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 PV Inc reported income of $55k and spending of $44k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $55k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Love PV Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within OK. Charities of a similar size with the same main cause include PTA Delaware Congress ($55k), Realtor Foundation of Iowa ($55k) and Dermatologic Society of Greater New York Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.