Living Hope Clinical Trials Inc

Analysis

Living Hope Clinical Trials Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Hope Clinical Trials Inc reported income of $98k and spending of $93k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $98k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Living Hope Clinical Trials Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Non-Profit Pt Group of Elko ($98k), Usher 2020 Foundation Inc ($98k) and Garrett V Bivens Foundation Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.