Love Hope Strength Inc

Analysis

Love Hope Strength Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2024, Love Hope Strength Inc reported income of $221k and spending of $153k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $183k to $221k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Love Hope Strength Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Cure Spg47 Inc ($221k), Hermiston RHF Housing Inc ($221k) and Vital Voices for Mental Health Inc ($221k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.