Lineage Foundation for Good

Analysis

Lineage Foundation for Good is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Lineage Foundation for Good reported income of $8.0m and spending of $5.4m, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $4.7m to $8.0m (+71%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lineage Foundation for Good sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Eskaton Lodge Granite Bay ($8.0m), Zia Therapy Center Inc ($8.0m) and Advancing States Inc ($8.0m).

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 $9.3m against liabilities of $278k, net assets of $9.0m.