Lifeline Family Center Inc

Analysis

Lifeline Family Center Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in December 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Lifeline Family Center Inc reported income of $521k and spending of $511k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $521k (-54%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifeline Family Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include People Pantry Inc ($521k), Childrens Speech and Reading Center ($521k) and Apple Tree ($521k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (15% of expenses). Other salaries and wages came to $136k. At year end it held assets of $2.3m against liabilities of $218k, net assets of $2.1m. It reported 9 employees.