Lifelong Learning Institute in Chesterfield County Virginia Inc

Analysis

Lifelong Learning Institute in Chesterfield County Virginia Inc is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lifelong Learning Institute in Chesterfield County Virginia Inc reported income of $413k and spending of $397k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $377k to $413k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income dropped by 111%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifelong Learning Institute in Chesterfield County Virginia Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Nothing Just Happens Incorporated ($413k), Just US Kids Child Care Inc ($413k) and Joel 2 Missions Inc ($412k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 61% of the total. At year end it held assets of $2.0m against liabilities of $150k, net assets of $1.9m.