Typical Life Corporation

Analysis

Typical Life Corporation is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in December 1999, 27 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 2023, Typical Life Corporation reported income of $14.7m and spending of $16.0m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.9m to $14.7m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Typical Life Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Brighter Bites ($14.7m), Realize Impact ($14.7m) and Easter Seals Joliet Region Inc ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $383k (2.4% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $7.8m against liabilities of $3.3m, net assets of $4.5m. It reported 333 employees.