A Lotta Love Inc

Analysis

A Lotta Love Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, A Lotta Love Inc reported income of $255k and spending of $184k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $255k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, A Lotta Love Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Homestead Homes of Greensboro Inc ($255k), Sli Warren House Inc ($255k) and Whitfield Manor Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $280k against liabilities of $292, net assets of $280k.