Life Education & Development Inc

Analysis

Life Education & Development Inc is a registered charity in United States, based in Orono, ME. It received its IRS tax-exemption ruling in March 2010, 16 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 (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, Life Education & Development Inc reported income of $128k and spending of $126k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $128k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Life Education & Development Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 36th percentile within ME. Charities of a similar size with the same main cause include International Childrens Outreach Inc ($128k), Dena Youth Basketball ($128k) and Girls Rock Sacramento ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.