I Understand Love Heals
Only null% goes to programs Strong reserves Growing revenue
I Understand Love Heals is a 501(c)(3) organization based in Grand Rapids, Michigan, registered in 2016, with $605,133 in FY2024 revenue. CharityIndex grades it C+.
630 Kenmoor Ave Se, Grand Rapids, MI, 49546 EIN 81-3356821 Since 2016
Revenue (FY2024)
$605K
▲ 51.3% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$669K
Net assets
$422K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 I Understand Love Heals— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating8 mo reserves · -11% margin
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 I Understand Love Heals: 8 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 I Understand Love Heals— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 I Understand Love Heals: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 630 Kenmoor Ave Se, Grand Rapids, MI, 49546
- City
- Grand Rapids
- State
- Michigan
- Subcategory
- Mental Health Associations
- Website
- …
Financial trends
Revenue grew from $291K (FY2016) to $605K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $55KNet assets $422K
Operating margin
-10.6%
Spent more than it raised in the latest fiscal year.
Total assets
$477K
Total liabilities
$55K
Net assets
$422K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $605,133▲51.3% | $669,420▲166% | $422,123▼13.5% | $477,316▼2.2% | 990 |
| 2023 | $399,970▲49.7% | $251,233▲28.0% | $488,074▲53.5% | $488,074▲40.3% | 990 |
| 2022 | $267,222▲1.5% | $196,212▼7.8% | $317,968▲6.7% | $347,968▼15.4% | 990 |
| 2021 | $263,399▲2.6% | $212,793▲0.4% | $298,016▲22.3% | $411,516▲19.2% | 990 |
| 2020 | $256,829▲14.1% | $211,965▼18.3% | $243,749▲25.1% | $345,273▲73.6% | 990 |
| 2019 | $225,027▲106% | $259,470▼7.2% | $194,905▼10.8% | $198,926▼9.0% | 990 |
| 2018 | $109,078▼75.5% | $279,635▼1.1% | $218,557▼45.5% | $218,557▼45.5% | 990EZ |
| 2017 | $445,484▲53.3% | $282,605▲388% | $401,211▲72.5% | $401,211▲72.0% | 990 |
| 2016 | $290,529 | $57,908 | $232,621 | $233,251 | 990 |
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.
Grants received · $82K total
9 grants to I Understand Love Heals totaling $82K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $11,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,180 |
| Network For Good Inc | Unrestricted | 2022 | $14,970 |
| Network For Good Inc | Unrestricted | 2021 | $13,530 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $7,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $7,200 |
| Network For Good Inc | Unrestricted | 2020 | $19,574 |
| National Christian Charitable Foundation | Growth | 2018 | $1,000 |
| National Christian Charitable Foundation | Growth | 2017 | $2,000 |
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Frequently asked questions
- Is I Understand Love Heals a legitimate nonprofit?
- Yes. I Understand Love Heals is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3356821, based in Grand Rapids, Michigan. Donations are tax-deductible.
- What is I Understand Love Heals's EIN?
- I Understand Love Heals's Employer Identification Number (EIN) is 81-3356821.
- How much revenue does I Understand Love Heals report?
- I Understand Love Heals reported $605,133 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I Understand Love Heals have?
- CharityIndex grades I Understand Love Heals C+, based on financial health (reserves and operating margin).
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Data for I Understand Love Heals (EIN 81-3356821) 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.