Enhanced Life Options Group

Analysis

Enhanced Life Options Group is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Enhanced Life Options Group reported income of $668k and spending of $631k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $390k to $668k (+71%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 197%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Enhanced Life Options Group sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include Corona United Soccer Club ($668k), Addison County Fair and Field Days Inc ($668k) and Edgemere Sparrow Point Recreation and Parks Council ($667k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $114k (18% of expenses). Other salaries and wages came to $194k. At year end it held assets of $1.7m against liabilities of $30k, net assets of $1.6m. It reported 12 employees.