LHC Group Employee Hardship Relief Fund

Analysis

LHC Group Employee Hardship Relief Fund is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in December 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, LHC Group Employee Hardship Relief Fund reported income of $273k and spending of $201k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $273k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 277%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LHC Group Employee Hardship Relief Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Brown Family Home ($273k), Inn of Southern Arizona ($273k) and African Orphan Outreach Ministries ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $608k against liabilities of $0, net assets of $608k.