LHCLB

Analysis

LHCLB is a registered charity in United States, based in Liberty Hill, TX. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, LHCLB reported income of $94k and spending of $68k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $55k to $94k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, LHCLB sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Morlon Greenwood Foundation Inc ($94k), Put on the Cape a Foundation for Hope ($94k) and Shelby County 4-H & Junior Fair ($94k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.