David and Mary-hoe Love Foundation is a 501(c)(3) organization based in New York, New York, registered in 2018, with $6,801 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$6,801
▼ 78.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$10K
Net assets
$615
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for David and Mary-hoe Love Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For David and Mary-hoe Love Foundation: 1 mo reserves · -47% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for David and Mary-hoe Love Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For David and Mary-hoe Love Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5,009 (FY2019) to $6,801 (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-47.3%
Spent more than it raised in the latest fiscal year.
Total assets
$615
Total liabilities
$0
Net assets
$615
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,801▼78.5% | $10,018▼85.5% | $615▼84.0% | $615▼84.0% | 990PF |
| 2023 | $31,661▼99.5% | $69,311▼98.8% | $3,832▼90.8% | $3,832▼90.8% | 990PF |
| 2022 | $6,039,091▲603909000% | $6,001,392▲499600% | $41,482▲997% | $41,482▲997% | 990PF |
| 2021 | $1▼100.0% | $1,201▼40.7% | $3,783▼24.1% | $3,783▼24.1% | 990PF |
| 2020 | $5,002▼0.1% | $2,026▼32.5% | $4,983▲148% | $4,983▲148% | 990PF |
| 2019 | $5,009 | $3,002 | $2,007 | $2,007 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for David and Mary-hoe Love Foundation (EIN 83-6447958) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.