Life Enriching Communities Foundation

Analysis

Life Enriching Communities Foundation is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Life Enriching Communities Foundation reported income of $6.0m and spending of $4.9m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.3m to $6.0m (+156%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Enriching Communities Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Arc of the Piedmont Inc ($6.0m), Gather ($6.0m) and Our Place in New York Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $564k. It paid $9,600 in professional fundraising fees. At year end it held assets of $133.0m against liabilities of $84.6m, net assets of $48.5m.