Lifequest USA Inc

Analysis

Lifequest USA Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 2009, 17 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, Lifequest USA Inc reported income of $383k and spending of $379k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $383k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lifequest USA 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 66th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Lexington Southeastern Little League Inc ($383k), Orphans Joy Inc ($383k) and Youth for Christ USA Inc ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $76k (20% of expenses). Other salaries and wages came to $67k. At year end it held assets of $64k against liabilities of $847, net assets of $63k. It reported 5 employees.