Life Lifted Charities

Analysis

Life Lifted Charities is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in February 2022, 4 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, Life Lifted Charities reported income of $1.2m and spending of $629k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $325k to $1.2m (+283%), an average of +283% a year. The sharpest change came in the year to December 2023, when income rose by 283%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Lifted Charities sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within UT. Charities of a similar size with the same main cause include Dr Piper Center for Social Services Inc ($1.2m), Casa de Esperanza ($1.2m) and Infants and Other People Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $939k against liabilities of $0, net assets of $939k.