Lena Pope Home Inc

Analysis

Lena Pope Home Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 1961, 65 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 August 2023, Lena Pope Home Inc reported income of $22.9m and spending of $22.5m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $15.9m to $22.9m (+44%), an average of +9.5% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lena Pope Home Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include South Shore Support Services Inc ($22.9m), Northwood Childrens Home Society Inc ($22.9m) and Feeding Illinois ($22.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $1.1m (5.1% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $47.5m against liabilities of $6.2m, net assets of $41.3m. It reported 288 employees.