Public Charity

LIFEBOAT ALLIANCE LTD

LIFEBOAT ALLIANCE LTD, of MTVERNON, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $285K in revenue, $348K in expenses, $1.2M in total assets. 8 publicly reported grants to this organization, totaling roughly $78K, appear in IRS filings.

EIN: 272897657 MTVERNON, IL Homeless Shelters NTEE: L41 Latest filing: 2024
Total Revenue$285K
Total Expenses$348K
Total Assets$1.2M
Grant Records8
Funding Total$78K
Filing Years2020–2024

Mission

TO BE A CHRISTIAN MINISTRY OF SHELTER RESOURCES & SUPPORT FOR THE HOMELESS.

Where $100 goes at Lifeboat Alliance Ltd

How Lifeboat Alliance Ltd divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$51 Programs the work itself
$18 Management running the organization
$31 Fundraising raising the next dollar

Inside the $51 for programs

$51
To provide the homeless residents of jefferson county and surrounding areas with a shelter and basic necessities along with the necessary support to transform their lives
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Barb Braddy
Executive Dir. Carol Rudofski
President Chad Curd
Director Charlie Lamont
Director David Overstreet
Vice President Desiree Stumpf

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$77,560 8 grants

Financial Trends

Year Revenue Expenses Assets
2024 $285K $348K $1.2M
2023 $301K $318K $1.3M
2022 $347K $321K $1.3M
2021 $264K $280K $1.3M
2020 $253K $252K $1.3M

Between 2020 and 2024, reported annual revenue grew from $253K to $285K (+13%), with total assets most recently reported at $1.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LIFEBOAT ALLIANCE LTD

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