Learning Institute for Family Enrichment Life

Analysis

Learning Institute for Family Enrichment Life is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Learning Institute for Family Enrichment Life reported income of $391k and spending of $373k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $391k (+90%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Learning Institute for Family Enrichment Life sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Hogares Rafaela Ybarra ($390k), The Greenhouse ($391k) and The@compass ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $112k (30% of expenses). Other salaries and wages came to $154k. At year end it held assets of $18k against liabilities of $0, net assets of $18k.