Guardians of Love

Analysis

Guardians of Love is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1998, 28 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, Guardians of Love reported income of $4.5m and spending of $4.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.9m to $4.5m (-23%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guardians of Love sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Homes by TLC Inc ($4.5m), Hand2hand ($4.5m) and Alpha Resource Center of Santa Barbara ($4.5m).

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 $441k (9.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $2.4m, net assets of -$37k. It reported 25 employees.