Loved Twice

Analysis

Loved Twice is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2009, 17 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, Loved Twice reported income of $718k and spending of $705k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $916k to $718k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loved Twice sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Equality Maine Foundation ($718k), Meals on Wheels of Chester County Inc ($718k) and Chittenden Area Transportation Management Association Inc ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $112k (16% of expenses). Other salaries and wages came to $35k. At year end it held assets of $454k against liabilities of $126, net assets of $454k. It reported 2 employees.