Lena Pope Foundation Inc

Analysis

Lena Pope Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lena Pope Foundation Inc reported income of $1.9m and spending of $872k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lena Pope Foundation Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Danville Child Development Center ($1.9m), Sweet Home Senior Citizens Inc ($1.9m) and Lancaster Day Care Center ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $46.8m against liabilities of $213k, net assets of $46.6m.