Lift Collective

Analysis

Lift Collective is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 March 2023, Lift Collective reported income of $77k and spending of $93k, spending 120% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income fell from $92k to $77k (-16%), an average of -8.6% a year. The sharpest change came in the year to March 2023, when income dropped by 38%. Over the whole period it spent 99% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lift Collective sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Maxcen-Maxmath Women Society Inc Oklahoma Branch ($77k), Acorn Equality Fund ($77k) and Soroptimist International of the Americas Inc ($77k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 78% and program service revenue 1.8% of the total. At year end it held assets of $5,416 against liabilities of $0, net assets of $5,416.