Lift Orlando Inc

Analysis

Lift Orlando Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lift Orlando Inc reported income of $5.5m and spending of $6.3m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.7m to $5.5m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lift Orlando Inc 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 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Sacramento Regional Conservation Corps Inc ($5.5m), Greater New Bedford Workforce Investment Board Inc ($5.5m) and Searchlight Center Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $587k (9.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $20.5m against liabilities of $3.3m, net assets of $17.3m. It reported 25 employees.