Lending Hope to Students

Analysis

Lending Hope to Students is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lending Hope to Students reported income of $486k and spending of $486k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $278k to $486k (+75%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 250%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lending Hope to Students sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include South Columbia Family School ($485k), Christian Education Ministries ($486k) and Alexandria Tutoring Consortium Inc ($485k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $120 against liabilities of $0, net assets of $120.