Lift Community Action Agency Inc

Analysis

Lift Community Action Agency Inc is a registered charity in United States, based in Hugo, OK. It received its IRS tax-exemption ruling in August 1968, 58 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 2023, Lift Community Action Agency Inc reported income of $27.7m and spending of $27.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.5m to $27.7m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lift Community Action Agency Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include Second Harvest Food Bank Santa Cruz County ($27.7m), Scbma ($27.7m) and YMCA of Greater Cleveland ($27.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $253k (0.9% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $22.5m against liabilities of $1.5m, net assets of $20.9m. It reported 464 employees.