LCHD Foundation

Analysis

LCHD Foundation is a registered charity in United States, based in Tahoka, TX. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, LCHD Foundation reported income of $1.1m and spending of $43k, leaving 96% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $515k to $1.1m (+115%), an average of +21% a year. The sharpest change came in the year to September 2021, when income rose by 508%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, LCHD Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Tara Miller Melanoma Foundation ($1.1m), Mental Health & Addiction Advocacy Coalition ($1.1m) and First Nations Community Healthsource Pharmacy ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.