Living Hope for Children
Analysis
Living Hope for Children is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in May 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 December 2023, Living Hope for Children reported income of $794k and spending of $725k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $768k to $794k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 84% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Hope for Children sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include East Texas Orphan Care Network Inc ($794k), Resilient Youths ($794k) and The Society for the Enrichment and Empowerment of the Deprived Group ($794k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $888k against liabilities of $0, net assets of $888k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| East Texas Orphan Care Network Inc | Tyler | $794k |
| Resilient Youths | Cincinnati | $794k |
| The Society for the Enrichment and Empowerment of the Deprived Group | Sacramento | $794k |
| Meals on Wheels of Greeley Inc | Greeley | $795k |