Community Lifeline Center Inc

Analysis

Community Lifeline Center Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in October 1989, 37 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 June 2023, Community Lifeline Center Inc reported income of $1.4m and spending of $2.0m, spending 139% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $276k to $1.4m (+422%), an average of +51% a year. The sharpest change came in the year to June 2021, when income rose by 252%. 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, Community Lifeline Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Britvil Community Food Pantry Inc ($1.4m), Celestial Manna Inc ($1.4m) and Hull Bright Start Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $460k. It paid $12k in professional fundraising fees. At year end it held assets of $312k against liabilities of $26k, net assets of $287k. It reported 9 employees.