Life and Hope

Analysis

Life and Hope is a registered charity in United States, based in West Babylon, NY. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, 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 and Hope reported income of $73k and spending of $77k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $73k (+1.6%), an average of +1.6% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life and Hope sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include LA Luz Life Link ($73k), Operation with Love From Home ($73k) and Quin-Town Center for Senior Citizens ($73k).

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 $133k against liabilities of $0, net assets of $133k.