Love GPS Inc

Analysis

Love GPS Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love GPS Inc reported income of $66k and spending of $84k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $66k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love GPS Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Peace Mission ($66k), Lighthouse Ministries Worldwide ($66k) and Berean World Missions ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.