Live 2 Give Hope
Analysis
Live 2 Give Hope is a registered charity in United States, based in Lebanon, MO. It received its IRS tax-exemption ruling in November 2017, 9 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 2023, Live 2 Give Hope reported income of $1.0m and spending of $568k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $287k to $1.0m (+257%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 54% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Live 2 Give Hope sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include FHF Inc ($1.0m), Agape Creative Ministries Inc ($1.0m) and Miami Diaper Bank Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). At year end it held assets of $720k against liabilities of $42k, net assets of $678k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 9.5%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| FHF Inc | LA Crosse | $1.0m |
| Agape Creative Ministries Inc | Charlotte | $1.0m |
| Miami Diaper Bank Inc | Miami | $1.0m |
| Hmong Youth and Parents United | Sacramento | $1.0m |