Struggle of Love Foundation

Analysis

Struggle of Love Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2008, 18 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, Struggle of Love Foundation reported income of $1.9m and spending of $1.4m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $746k to $1.9m (+154%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Struggle of Love Foundation sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Holy Land Ministries Inc ($1.9m), Uih Family Partners Inc ($1.9m) and Community of Caring Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $234k (16% of expenses). Other salaries and wages came to $526k. At year end it held assets of $950k against liabilities of $0, net assets of $950k. It reported 26 employees.