Love Hope & Healing Inc

Analysis

Love Hope & Healing Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in September 2020, 6 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, Love Hope & Healing Inc reported income of $68k and spending of $57k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $68k (-3.4%), an average of -3.4% a year. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Hope & Healing Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Bbe Area Food Shelf Inc ($68k), An Officer and Two Gentlemen Inc ($68k) and A Hand Up Community Resource Center ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.