Life Matters Centers for Hope Health and Healing

Analysis

Life Matters Centers for Hope Health and Healing is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Life Matters Centers for Hope Health and Healing reported income of $83k and spending of $82k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $32k to $83k (+161%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Matters Centers for Hope Health and Healing 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 32nd percentile, and in the 30th percentile within NC. Charities of a similar size with the same main cause include Save a Life Inc ($83k), Mental Health America of Southeast Texas ($83k) and Council of Pediatric Subspecialties ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $3,709 against liabilities of $0, net assets of $3,709.