Lifeline Inc

Analysis

Lifeline Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Lifeline Inc reported income of $436k and spending of $425k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $209k to $436k (+109%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifeline Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Truman Daycare & Learning Center Inc ($436k), Payee Services Inc ($436k) and Family Care Center ($436k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $111k (26% of expenses). Other salaries and wages came to $105k. At year end it held assets of $1.4m against liabilities of $95k, net assets of $1.3m. It reported 8 employees.