Life Solutions of Hamlin Inc

Analysis

Life Solutions of Hamlin Inc is a registered charity in United States, based in Hamlin, NY. It received its IRS tax-exemption ruling in July 2003, 23 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, Life Solutions of Hamlin Inc reported income of $195k and spending of $74k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $195k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Solutions of Hamlin Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Pa Fop Foundation ($195k), Barbara McCoo Lewis Ministry ($195k) and Family Ties Child Development Center Inc ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $415k against liabilities of $26k, net assets of $389k.