The Life Link

Analysis

The Life Link is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The Life Link reported income of $8.7m and spending of $8.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $8.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Life Link sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include Washington State Boys & Girls Clubs Association ($8.7m), Boys Club of New York Inc ($8.8m) and Madison Square Boys & Girls Club Inc ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $256k (3.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.1m against liabilities of $1.8m, net assets of $3.3m. It reported 91 employees.