Lone Star Chapter of the National Hemophilia Foundation

Analysis

Lone Star Chapter of the National Hemophilia Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2022, Lone Star Chapter of the National Hemophilia Foundation reported income of $664k and spending of $656k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $742k to $664k (-11%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 125%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lone Star Chapter of the National Hemophilia Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Community Research & Resource Center ($664k), Verland Commons ($664k) and Brightpoint for Children Inc ($664k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% and program service revenue 2.9% of the total. Other salaries and wages came to $120k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 4 employees.