Life and Independence for Today
Analysis
Life and Independence for Today is a registered charity in United States, based in St Marys, PA. It received its IRS tax-exemption ruling in December 1994, 32 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 2024, Life and Independence for Today reported income of $310k and spending of $305k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $276k to $310k (+12%), an average of +2.3% a year. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life and Independence for Today sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Reborn Ministries ($310k), Still Waters Counseling Center Inc ($310k) and Soundstruck NW Inc ($310k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $72k (24% of expenses). Other salaries and wages came to $118k. At year end it held assets of $442k against liabilities of $13k, net assets of $429k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 1.8%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reborn Ministries | Chicago | $310k |
| Still Waters Counseling Center Inc | Gainesville | $310k |
| Soundstruck NW Inc | Portland | $310k |
| Share for Life Foundation Inc | New York | $310k |