Lifeline Community Development Corporation of Merced County

Analysis

Lifeline Community Development Corporation of Merced County is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lifeline Community Development Corporation of Merced County reported income of $256k and spending of $294k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $256k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lifeline Community Development Corporation of Merced County sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Center for Creative Economy ($256k), Area 1 Limited Energy Jatc Ma1099 ($256k) and Ripon Main Street Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,500 (1.5% of expenses). Other salaries and wages came to $196k. At year end it held assets of $5,911 against liabilities of $0, net assets of $5,911. It reported 8 employees.