Digitallift US

Analysis

Digitallift US is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Digitallift US reported income of $2.6m and spending of $2.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $781k to $2.6m (+228%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Digitallift US sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Foundation for Civic Leadership Inc ($2.6m), Connect Foundation ($2.6m) and Ambassador Baptist College ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $1.3m (46% of expenses). Other salaries and wages came to $8,097. At year end it held assets of $278k against liabilities of $310k, net assets of -$32k. It reported 21 employees.