Life Connections
Analysis
Life Connections is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in December 1991, 35 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 December 2023, Life Connections reported income of $210k and spending of $115k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $207k to $210k (+1.4%), an average of +1.4% a year. Over the whole period it spent 62% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Connections sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include The Tri-State Resource and Advocacy Corporation Inc ($210k), Deaf & Hard of Hearing Services Center Inc ($210k) and Alpha Family Center of Cedar Springs ($210k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $1,043 (0.9% of expenses). Other salaries and wages came to $18k. At year end it held assets of $250k against liabilities of $2,714, net assets of $247k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 0.0%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Tri-State Resource and Advocacy Corporation Inc | Chattanooga | $210k |
| Deaf & Hard of Hearing Services Center Inc | Roanoke | $210k |
| Alpha Family Center of Cedar Springs | Cedar Springs | $210k |
| American Credit Counseling Institute Inc | Andreas | $210k |