Life Energy Foundation Inc

Analysis

Life Energy Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Life Energy Foundation Inc reported income of $154k and spending of $83k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,802 to $154k (+5389%), an average of +5389% a year. The sharpest change came in the year to December 2023, when income rose by 5389%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Life Energy Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Fort Leboeuf Historical Society ($154k), New Iberia Museum Foundation ($154k) and Texas Master Chorale Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.