Chelseas Hope Lafora Children Research Fund

Analysis

Chelseas Hope Lafora Children Research Fund is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in January 2010, 16 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, Chelseas Hope Lafora Children Research Fund reported income of $280k and spending of $198k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $260k to $280k (+7.6%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chelseas Hope Lafora Children Research Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KY. Charities of a similar size with the same main cause include Behome Partners ($280k), Multiple Sclerosis Resources of Central New York Inc ($280k) and Pregnancy Resource Services of Kitsap County ($280k).

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 $782k against liabilities of $0, net assets of $782k.