Lac Qui Parle Hope Network Inc

Analysis

Lac Qui Parle Hope Network Inc is a registered charity in United States, based in Madison, MN. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Lac Qui Parle Hope Network Inc reported income of $72k and spending of $75k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $72k (-66%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 46% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lac Qui Parle Hope Network Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include National Federation of the Blind of Florida Inc ($72k), Friends of TRTF ($72k) and Forgotten Diseases Research Foundation ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.