Life Line Outreach Inc

Analysis

Life Line Outreach Inc is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Line Outreach Inc reported income of $382k and spending of $269k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $382k (+9.7%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life Line Outreach Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include St Peters Supportive Housing Inc ($382k), Islesboro Affordable Property ($383k) and Leo Meyer Manor Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 1.7% of the total. Other salaries and wages came to $114k. At year end it held assets of $710k against liabilities of $13k, net assets of $698k. It reported 11 employees.