Lifeline Partnership

Analysis

Lifeline Partnership is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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, Lifeline Partnership reported income of $76k and spending of $96k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $290k to $76k (-74%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lifeline Partnership sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 15th percentile within DC. Charities of a similar size with the same main cause include PTA Florida Congress ($76k), Northpoint Elementary School PTO ($76k) and Tulane Law Review Association ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $62k (64% of expenses). At year end it held assets of $557k against liabilities of $6,356, net assets of $551k. It reported 1 employees.