Life Center of Elkhart County Inc
Analysis
Life Center of Elkhart County Inc is a registered charity in United States, based in Wakarusa, IN. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Life Center of Elkhart County Inc reported income of $718k and spending of $134k, leaving 81% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 3454%. Over the whole period it spent 48% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Life Center of Elkhart County Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Tenley Study Center Inc ($718k), Lakes Area Kids Enrichment Foundation ($718k) and International Foundation for Social Impact Inc ($718k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. At year end it held assets of $3.0m against liabilities of $259k, net assets of $2.7m.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tenley Study Center Inc | Washington | $718k |
| Lakes Area Kids Enrichment Foundation | Crosslake | $718k |
| International Foundation for Social Impact Inc | Newyork | $718k |
| Einstein Montessori Academy Inc | Cocoa | $718k |