Enhanced Living Inc

Analysis

Enhanced Living Inc is a registered charity in United States, based in Bradford, VT. It received its IRS tax-exemption ruling in January 2007, 19 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 December 2023, Enhanced Living Inc reported income of $3.4m and spending of $3.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.4m (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Enhanced Living Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within VT. Charities of a similar size with the same main cause include Red Hook Initiative ($3.4m), Family Service Center of Galveston County Texas ($3.4m) and Empowerment Plan ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $124k (3.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.3m against liabilities of $10.2m, net assets of -$913k. It reported 104 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.