Liftup Communities

Analysis

Liftup Communities is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2021, 5 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, Liftup Communities reported income of $313k and spending of $301k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $386k to $313k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 54% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Liftup Communities sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Sylvia Thomas Center for Adoptive and Foster Families ($313k), 31heroes Projects ($313k) and Young Mens Christian Association of Warren and Bradley County Ark Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $177k. At year end it held assets of $333k against liabilities of $1,539, net assets of $331k. It reported 3 employees.