Love Unity

Analysis

Love Unity is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love Unity reported income of $65k and spending of $58k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $65k (-7.0%), an average of -7.0% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Love Unity sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within AR. Charities of a similar size with the same main cause include Burkina Faso Streams ($65k), Bethel Christian Church Disciples of Christ Inc ($65k) and Operation Hope International Inc ($65k).

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 $11k against liabilities of $0, net assets of $11k.