C W And Dorothy G Love Foundation Inc
C W And Dorothy G Love Foundation Inc maintains substantial assets and zero officer compensation amidst fluctuating revenues.
EIN: 202865906 · Mccoll, SC · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $70 |
| Net Assets | $66.3M |
| Transparency Score | 85/100 |
Is C W And Dorothy G Love Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C W And Dorothy G Love Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C W And Dorothy G Love Foundation Inc
C W And Dorothy G Love Foundation Inc (EIN: 202865906) is a nonprofit organization based in Mccoll, SC, classified under NTEE code T20. The organization reported total revenue of $2.5M and total assets of $70.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C W And Dorothy G Love Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C W And Dorothy G Love Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-154,187 |
| Total Assets | $66.3M |
| Total Liabilities | $1 |
| Net Assets | $66.3M |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 323.1 months |
Financial Health Grade: B
In 2023, C W And Dorothy G Love Foundation Inc reported a deficit of $154K with expenses exceeding revenue, holds 323.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), C W And Dorothy G Love Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.3% | -18.4% | -0.9% |
| 2022 | +264.0% | +8.9% | +0.6% |
| 2021 | +8.1% | +20.6% | +17.3% |
| 2020 | -1.6% | -59.1% | +2.6% |
| 2019 | -55.1% | +82.0% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C W And Dorothy G Love Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, C W And Dorothy G Love Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $154K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization with assets exceeding $70 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of C W And Dorothy G Love Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses in provided data, making precise program efficiency analysis difficult.
Strengths
The following positive indicators were identified for C W And Dorothy G Love Foundation Inc:
- Strong and consistently growing asset base, reaching $70,318,312.
- Consistently minimal liabilities (often $1), indicating excellent financial health and low debt.
- Zero officer compensation reported across all filings, demonstrating highly efficient use of funds for leadership.
- Long-term financial stability and effective endowment management, as evidenced by asset growth from $3.7M to over $70M in 12 years.
Frequently Asked Questions about C W And Dorothy G Love Foundation Inc
Is C W And Dorothy G Love Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, C W And Dorothy G Love Foundation Inc (EIN: 202865906) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does C W And Dorothy G Love Foundation Inc spend its money?
C W And Dorothy G Love Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to C W And Dorothy G Love Foundation Inc tax-deductible?
C W And Dorothy G Love Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202865906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the C W And Dorothy G Love Foundation Inc CEO make?
C W And Dorothy G Love Foundation Inc's highest-compensated officer earns $70 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does C W And Dorothy G Love Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), C W And Dorothy G Love Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is C W And Dorothy G Love Foundation Inc located?
C W And Dorothy G Love Foundation Inc is headquartered in Mccoll, South Carolina and files with the IRS under EIN 202865906. It is classified under NTEE code T20.
How many years of IRS 990 filings does C W And Dorothy G Love Foundation Inc have?
C W And Dorothy G Love Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.5M in total revenue.
Is C W And Dorothy G Love Foundation Inc financially stable?
Yes, the foundation is highly financially stable, evidenced by its substantial and growing asset base of $70,318,312 and consistently minimal liabilities (often $1).
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, as officer compensation is consistently reported as 0% in all available filings, suggesting a volunteer-driven leadership structure.
What is the primary use of the foundation's funds?
As a private foundation (NTEE T20), the primary use of funds is typically for making grants and program-related investments, though specific grant details are not provided in this summary.
Why does the revenue fluctuate so much year-to-year?
Revenue fluctuations, such as the jump to $47,915,944 in 2014 and $6,129,706 in 2022, are common for foundations, often due to large one-time donations, investment gains, or specific endowment contributions.
Filing History
IRS 990 filing history for C W And Dorothy G Love Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), C W And Dorothy G Love Foundation Inc's revenue has grown by 2453.4%, moving from $90K to $2.3M. Total assets increased by 1688.2% over the same period, from $3.7M to $66.3M. Total functional expenses rose by 1332.1%, from $172K to $2.5M. In its most recent filing year (2023), C W And Dorothy G Love Foundation Inc reported a deficit of $154K, with expenses exceeding revenue. The organization holds $1 in liabilities against $66.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $66.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.5M | $66.3M | $1 | — | View 990 |
| 2022 | $6.1M | $3.0M | $66.9M | $1 | — | View 990 |
| 2021 | $1.7M | $2.8M | $66.6M | $1 | — | View 990 |
| 2020 | $1.6M | $2.3M | $56.7M | $1 | — | View 990 |
| 2019 | $1.6M | $5.6M | $55.3M | $1 | — | View 990 |
| 2015 | $3.5M | $3.1M | $51.1M | $0 | — | View 990 |
| 2014 | $47.9M | $3.5M | $53.9M | $0 | — | View 990 |
| 2013 | $4.8M | $335K | $10.8M | $0 | — | View 990 |
| 2012 | $1.2M | $274K | $5.1M | $0 | — | View 990 |
| 2011 | $90K | $172K | $3.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.5M, and assets of $66.3M (revenue -62.3% year-over-year).
- 2022: Revenue of $6.1M, expenses of $3.0M, and assets of $66.9M (revenue +264.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $2.8M, and assets of $66.6M (revenue +8.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $2.3M, and assets of $56.7M (revenue -1.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $5.6M, and assets of $55.3M (revenue -55.1% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.1M, and assets of $51.1M (revenue -92.6% year-over-year).
- 2014: Revenue of $47.9M, expenses of $3.5M, and assets of $53.9M (revenue +898.8% year-over-year).
- 2013: Revenue of $4.8M, expenses of $335K, and assets of $10.8M (revenue +284.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $274K, and assets of $5.1M (revenue +1279.7% year-over-year).
- 2011: Revenue of $90K, expenses of $172K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C W And Dorothy G Love Foundation Inc:
Data Sources and Methodology
This transparency report for C W And Dorothy G Love Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.