Low Income Family Empowerment Inc

Analysis

Low Income Family Empowerment Inc is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in June 2008, 18 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, Low Income Family Empowerment Inc reported income of $78k and spending of $208k, spending 266% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $78k (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Low Income Family Empowerment Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Emergency Christian Ministries Inc ($78k), Mount Blue Housing Inc ($78k) and Point of Life Corp ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $369k against liabilities of $87k, net assets of $282k.