Lifeline Resources Inc

Analysis

Lifeline Resources Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2010, 16 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 (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 Resources Inc reported income of $74k and spending of $57k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $74k (+12%), an average of +12% a year. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifeline Resources Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Casting 4 a Cure Inc ($74k), Valley View Home Foundation Inc ($74k) and Rare Trait Hope Fund ($74k).

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 $85k against liabilities of $0, net assets of $85k.