Love Is A Gift Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 178,052 | 104,273 | 73,779 | 8.5 | 52% |
| 2019 | 282,897 | 157,701 | 125,196 | 15.1 | 51% |
| 2020 | 315,638 | 285,324 | 30,314 | 9.6 | 21% |
| 2021 | 250,339 | 277,558 | −27,219 | 8.7 | 42% |
| 2022 | 229,168 | 275,010 | −45,842 | 6.8 | 33% |
| 2023 | 336,186 | 387,043 | −50,857 | 3.3 | 24% |
In its most recent public year (2023), this organization spent $50,857 more than it brought in. Its reserves stood at about 3.3 months of spending, down from 8.5 in 2018. Staff pay was 24% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Love Is A Gift Incorporated's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works