Lichen Health

Analysis

Lichen Health is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lichen Health reported income of $197k and spending of $174k, spending 88% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $217k to $197k (-9.0%), an average of -4.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lichen Health sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include San Bernardino Fatherhood ($197k), Fallen Fire Fighter Relief Fund ($197k) and Plant the Seed ($197k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $36k against liabilities of $6,722, net assets of $30k.