Overview

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Est.

1989

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

GIFTS OF LOVE INC is a nonprofit focused on basic and emergency aid, serving the greater Hartford area by helping individuals and families in short-term financial crisis meet essential needs and return to self-sufficiency. With a 2024 operating budget and total revenue of about $1M, its funding includes support from Greater Hartford Gives Foundation, THE AYCO CHARITABLE FOUNDATION, and FARMINGTON BANK COMMUNITY FOUNDATION INC.

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Mission Statement

GIFTS OF LOVE HELPS MEET THE BASIC NEEDS OF INDIVIDUALS AND FAMILIES IN THE GREATER HARTFORD AREA EXPERIENCING A SHORT-TERM FINANCIAL CRISIS SO THEY CAN RETURN TO SELF-SUFFICIENCY.

Cause Areas

1
Basic and emergency aid
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Financials

2024
Revenues
$1M
Expenses
$1M
Net Income:
+$26.7K
Assets
$1.4M
Liabilities
$19.7K
Net Assets:
+$1.4M

Financial Trends

2024
Operating Budget
$1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "Greater Hartford Gives Foundation"
Greater Hartford Gives Foundation
HARTFORD, CT, US
$483.4K
< 1%
AMERICAN ONLINE GIVING FOUNDATION INC
Newark, DE, US
$222.9K
< 1%
Logo for "NETWORK FOR GOOD"
NETWORK FOR GOOD
Washington, DC, US
$193K
< 1%

Grants Received

2024
Total No. of Grants
27
Median grant size
$5K
Largest grant received
$42.8K

Board & Team

L
Lisa Gray
Board Member
S
Sean Riley
Board Member
L
Lydia Tedone
Board Member
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  • 80 funders
  • 50 board & team members
  • 13 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is GIFTS OF LOVE INC’s budget?
In 2024, GIFTS OF LOVE INC reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does GIFTS OF LOVE INC support?
GIFTS OF LOVE INC supports work in Basic and emergency aid.
Where does GIFTS OF LOVE INC operate?
GIFTS OF LOVE INC is headquartered in AVON, CT.
Who funded GIFTS OF LOVE INC recently?
In 2025, GIFTS OF LOVE INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, FARMINGTON BANK COMMUNITY FOUNDATION INC, and CONNECTICUT FOODSHARE INC. More information on this organization’s funders is available to registered users.
What is the largest grant GIFTS OF LOVE INC received in 2024?
The largest grant to GIFTS OF LOVE INC in 2024 exceeds $43 thousand.