Lift for Life Foundation Inc

Analysis

Lift for Life Foundation Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lift for Life Foundation Inc reported income of $2.2m and spending of $1.3m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $2.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lift for Life Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Parnassus Building Company ($2.2m), Rank the Vote ($2.2m) and River Montessori Charter School ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.