Lyft Up Lives

Analysis

Lyft Up Lives is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in October 2017, 9 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, Lyft Up Lives reported income of $60k and spending of $53k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $60k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lyft Up Lives sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Bayis Shaini Inc ($60k), Wcre Foundation Inc ($60k) and The Arc of Racine County Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 103% of the total. At year end it held assets of $110k against liabilities of $3,541, net assets of $107k.