4 the Love Foundation

Analysis

4 the Love Foundation is a registered charity in United States, based in East Olympia, WA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, 4 the Love Foundation reported income of $280k and spending of $222k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,176 to $280k (+3801%), an average of +3801% a year. The sharpest change came in the year to December 2023, when income rose by 3801%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 4 the Love Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WA. Charities of a similar size with the same main cause include Fayetteville State University Development Corporation ($280k), Invest Buffalo Niagara Foundation Inc ($280k) and School Foundation Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $81k in professional fundraising fees. At year end it held assets of $67k against liabilities of $2, net assets of $67k.