A Lift for Life Outreach Center Inc

Analysis

A Lift for Life Outreach Center Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, A Lift for Life Outreach Center Inc reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.4m to $2.9m (+107%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 17989%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, A Lift for Life Outreach Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Kwi ($2.9m), Laboure Society ($2.9m) and Legacy of Life Foundation ($2.9m).

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 $180k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $377k against liabilities of $145k, net assets of $232k.