Love Wins Movement

Analysis

Love Wins Movement is a registered charity in United States, based in Severn, MD. It received its IRS tax-exemption ruling in April 2022, 4 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, Love Wins Movement reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $818k to $1.7m (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Wins Movement sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Union Gospel Mission of Missoula ($1.7m), New Life Refuge Ministries ($1.7m) and Boone County Council on Aging ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (3.3% of expenses). Other salaries and wages came to $23k. At year end it held assets of $310k against liabilities of $0, net assets of $310k. It reported 1 employees.