The Life Experience School Inc

Analysis

The Life Experience School Inc is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in May 1975, 51 years ago. 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 June 2024, The Life Experience School Inc reported income of $157k and spending of $359k, spending 230% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $440k to $157k (-64%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 67%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Life Experience School Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Bellbrook Eagle Booster Club ($156k), Hazard Independent College Foundation ($157k) and Tourism Council of Bullock County ($156k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $140k (39% of expenses). Other salaries and wages came to $45k. At year end it held assets of $918k against liabilities of $608k, net assets of $310k. It reported 10 employees.