Love Is A Gift Incorporated is a 501(c)(3) organization based in Nashville, Tennessee, registered in 2018, with $946,600 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$947K
▲ 181.6% vs prior year
Human Services median: $293K
Expenses (FY2024)
$692K
Net assets
$360K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Love Is A Gift Incorporated— 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 Love Is A Gift Incorporated: 6 mo reserves · +27% margin earns a A 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 Love Is A Gift Incorporated— 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 Love Is A Gift Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $178K (FY2018) to $947K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
26.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$373K
Total liabilities
$13K
Net assets
$360K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $946,600▲182% | $692,200▲78.8% | $359,771▲241% | $372,617▲254% | 990 |
| 2023 | $336,186▲46.7% | $387,043▲40.7% | $105,371▼32.6% | $105,371▼32.6% | 990 |
| 2022 | $229,168▼8.5% | $275,010▼0.9% | $156,228▼22.7% | $156,228▼22.7% | 990 |
| 2021 | $250,339▼20.7% | $277,558▼2.7% | $202,070▼11.9% | $202,070▼22.6% | 990 |
| 2020 | $315,638▲11.6% | $285,324▲80.9% | $229,289▲15.2% | $261,104▲13.1% | 990 |
| 2019 | $282,897▲58.9% | $157,701▲51.2% | $198,975▲170% | $230,790▲119% | 990 |
| 2018 | $178,052 | $104,273 | $73,779 | $105,594 | 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.
8 grants to Love Is A Gift Incorporated totaling $291K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | Night of hope/homestead festival | 2022 | $7,500 |
| The Community Fdn of Middle Tn Inc | For the harvest dinner fundraiser 2021 (decline benefits) | 2021 | $100,000 |
| National Philanthropic Tr | Education | 2021 | $25,000 |
| The Community Fdn of Middle Tn Inc | In support of the harvest fundraiser | 2020 | $20,000 |
| The Community Fdn of Middle Tn Inc | Education | 2020 | $4,500 |
| The Community Fdn of Middle Tn Inc | In support of hardison mill schoolhouse for the needs of the children and school | 2019 | $12,000 |
| Network For Good Inc | Unrestricted | 2019 | $11,069 |
| The Community Fdn of Middle Tn Inc | Education | 2018 | $111,000 |
Explore more
Data for Love Is A Gift Incorporated (EIN 82-4284018) 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.