Life Enrichment Trust Inc

Analysis

Life Enrichment Trust Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Life Enrichment Trust Inc reported income of $1.4m and spending of $676k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.4m (+3.1%), an average of +0.8% a year. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Enrichment Trust Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Mental Health Foundation of West Michigan ($1.4m), Ebensburg Area Ambulance Association ($1.4m) and Team Lafontaine Ucancervive Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $342k. At year end it held assets of $94.9m against liabilities of $91.5m, net assets of $3.4m.