Lauries Love Inc

Analysis

Lauries Love Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Lauries Love Inc reported income of $213k and spending of $113k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $213k (+138%), an average of +138% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lauries 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 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Bravehearts Inc ($213k), PCC Corner of Hope ($213k) and Serving Hands Medical Center NPC ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.