Life-Line

Analysis

Life-Line is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Life-Line reported income of $2.7m and spending of $1.8m, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $294k to $2.7m (+832%), an average of +75% a year. The sharpest change came in the year to June 2022, when income rose by 142%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Life-Line sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Center for the Arts of Bonita Springs Inc ($2.7m), Hippodrome Colony Historical Theatre Association ($2.7m) and Brooklyn Arts Exchange Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $150k (8.3% of expenses). Other salaries and wages came to $986k. It paid $43k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $286k, net assets of $1.2m. It reported 42 employees.