Lifeline Energy Foundation

Analysis

Lifeline Energy Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lifeline Energy Foundation reported income of $231k and spending of $240k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $231k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lifeline Energy Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Homeservices Foundation for Housing Equity ($231k), Hopes in NFP ($231k) and Nefesh Shimshon Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $38k against liabilities of $10k, net assets of $27k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.