Love Doesnt Hurt

Analysis

Love Doesnt Hurt is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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 Doesnt Hurt reported income of $209k and spending of $195k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $66k to $209k (+215%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 89%. 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 Doesnt Hurt 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 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Urbandale Girls Recreation Association ($209k), Sioux Falls Arts Council ($209k) and Society of Colonial Wars in the District of Columbia ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (35% of expenses). Other salaries and wages came to $23k. At year end it held assets of $28k against liabilities of $1,317, net assets of $26k. It reported 4 employees.