Life Work Direction Inc

Analysis

Life Work Direction Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in August 1981, 45 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 December 2023, Life Work Direction Inc reported income of $214k and spending of $212k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $214k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Work Direction Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Bum Phillips Charities ($214k), Cincinnati Chamber Music Society ($214k) and The Kosciusko Athletic Booster Club Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $15k (7.2% of expenses). At year end it held assets of $275k against liabilities of $2,881, net assets of $272k. It reported 4 employees.