Lifelink Legacy Fund Inc

Analysis

Lifelink Legacy Fund Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifelink Legacy Fund Inc reported income of $685k and spending of $397k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $884k to $685k (-23%), an average of -6.2% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. 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, Lifelink Legacy Fund Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Friends of the Majestic ($685k), American Water Works Association ($685k) and Nevada Land Trust ($685k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $141k. At year end it held assets of $9.5m against liabilities of $94k, net assets of $9.5m.