Lawyers Lend-A-Hand to Youth

Analysis

Lawyers Lend-A-Hand to Youth is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Lawyers Lend-A-Hand to Youth reported income of $187k and spending of $194k, spending 103% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $150k to $187k (+25%), an average of +5.8% a year. The sharpest change came in the year to May 2022, when income rose by 89%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lawyers Lend-A-Hand to Youth sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Onslow County Fair Association Inc ($187k), Hospitality Helping Hands ($187k) and Lion Life Community Inc ($187k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 135% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.1m against liabilities of $40k, net assets of $1.0m.