DEMOGRAPHIC
ADDRESS
3506 W CHICAGO AVE
60651
COUNTY
cook county, IL
IN CARE OF NAME
QUENTIN LOVE
ORGANIZATIONAL OVERVIEW & RANKINGS
LOVE FOUNDATION is a based in CHICAGO, IL, focused on Youth Development causes , specifically Youth Centers, Clubs, Multipurpose. Established in November 2001, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $31,059.00, this ranks 620,177 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 26,208 out of 106,037 organizations in IL (Top 25%).
In cook county, IL, the organization ranks 12,387 out of 46,103 nonprofits by assets (Top 27%), while locally in chicago, it stands at 8,254 among 28,197 organizations (Top 30%).
The organization reported annual revenue of $73,709.00, ranking 442,292 nationally (Top 17%) and 17,158 in IL (Top 17%).
Within its specific NTEE classification (O20 - O: Youth Development), which includes 5,119 similar organizations, LOVE FOUNDATION ranks 831 in assets (Top 16%) and 770 in revenue (Top 15%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O20: Youth Centers, Clubs, Multipurpose
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$73,709.00
FORM 990 REVENUE AMOUNT
$73,709.00
RULING DATE
11/2001
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$31,059.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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