Lift Up

Analysis

Lift Up is a registered charity in United States, based in Hopkins, MN. It received its IRS tax-exemption ruling in January 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lift Up reported income of $337k and spending of $294k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $337k (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lift Up sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Amazima Asset TR ($337k), NJ Kkottongnae Inc ($337k) and National Christian Charitable Foundation ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. It paid $22k in professional fundraising fees. At year end it held assets of $294k against liabilities of $0, net assets of $294k.