Love Matters Most Inc

Analysis

Love Matters Most Inc is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Matters Most Inc reported income of $116k and spending of $128k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $116k (+1.6%), an average of +1.6% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Matters Most Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Northwest Ohio Affordable Housing Inc ($116k), St Bernadette Caritas Society Endowment Fund ($116k) and Christmas Anonymous Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 124% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.