Living in Fulfilling Environments L I F E Inc

Analysis

Living in Fulfilling Environments L I F E Inc is a registered charity in United States, based in Bristol, RI. It received its IRS tax-exemption ruling in April 1987, 39 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, Living in Fulfilling Environments L I F E Inc reported income of $13.7m and spending of $13.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.2m to $13.7m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living in Fulfilling Environments L I F E Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within RI. Charities of a similar size with the same main cause include HIV Alliance ($13.7m), Datta Yoga Center ($13.8m) and Kings Bay Ym-Ywha Inc ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $722k (5.6% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $7.6m against liabilities of $1.2m, net assets of $6.4m. It reported 236 employees.