Life Line Inc

Analysis

Life Line Inc is a registered charity in United States, based in Lansdowne, VA. It received its IRS tax-exemption ruling in September 1993, 33 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 December 2023, Life Line Inc reported income of $1.4m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $693k to $1.4m (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Line Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Rainbow Abilities Center Inc ($1.4m), Seventh Avenue Center for Family Services ($1.4m) and Rape Domestic Abuse Program of North Platte Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $562k (45% of expenses). At year end it held assets of $2.6m against liabilities of $368k, net assets of $2.2m. It reported 20 employees.