LC and Lillie Cox Haven of Hope

Analysis

LC and Lillie Cox Haven of Hope is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in November 2013, 13 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, LC and Lillie Cox Haven of Hope reported income of $552k and spending of $645k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $552k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LC and Lillie Cox Haven of Hope sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Bailie Memorial Youth Ranch Inc ($552k), We Care Adult Family Company ($552k) and Crime Victims United Charitable Foundation ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $53k (8.2% of expenses). Other salaries and wages came to $102k. At year end it held assets of $503k against liabilities of $1,439, net assets of $502k. It reported 8 employees.