Love Big Foundation Inc

Analysis

Love Big Foundation Inc is a registered charity in United States, based in Vinemont, AL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Big Foundation Inc reported income of $135k and spending of $50k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.1m to $135k (-88%), an average of -66% a year. The sharpest change came in the year to December 2023, when income rose by 17005%. Over the whole period it spent 10% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Love Big Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AL. Charities of a similar size with the same main cause include Vista Verde Foundation ($135k), Inya Burma Institute Inc ($135k) and Rancho Sienna Elementary School Parent Teacher Org ($135k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.