Community Life Center Inc

Analysis

Community Life Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1980, 46 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 2023, Community Life Center Inc reported income of $7.7m and spending of $7.6m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $7.7m (+105%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Life Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Oe Enterprises Incorporated ($7.7m), John F Kennedy Memorial Hospital ($7.7m) and More Than Words Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $7.5m against liabilities of $7.1m, net assets of $419k. It reported 45 employees.