Project Lifeline

Analysis

Project Lifeline is a registered charity in United States, based in Glencoe, IL. It received its IRS tax-exemption ruling in January 1995, 31 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, Project Lifeline reported income of $259k and spending of $166k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $259k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Lifeline sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Shenandoah Iowa Education Foundation ($259k), Clark County Law Foundation ($259k) and Kell Band Booster Association Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.