Life Source Training Institute Inc

Analysis

Life Source Training Institute Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2022, Life Source Training Institute Inc reported income of $302k and spending of $317k, spending 105% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $213k to $302k (+42%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Life Source Training Institute 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 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Pet Adoptions of Cuero Inc ($302k), Far View Horse Rescue ($302k) and SPCA of Pittsylvania County Inc ($301k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $177k. At year end it held assets of $85k against liabilities of $8,483, net assets of $76k. It reported 29 employees.