Life Line Homes

Analysis

Life Line Homes is a registered charity in United States, based in Raytown, MO. It received its IRS tax-exemption ruling in March 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Life Line Homes reported income of $73k and spending of $41k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $52k to $73k (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2024, when income rose by 107%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Line Homes sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MO. Charities of a similar size with the same main cause include Tylv Clothing ($73k), His Haven Inc ($73k) and Franciscan Apartments Inc ($73k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.