Life and Family Services Inc

Analysis

Life and Family Services Inc is a registered charity in United States, based in Kendallville, IN. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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 and Family Services Inc reported income of $147k and spending of $152k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $147k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life and Family Services Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within IN. Charities of a similar size with the same main cause include Livingston County Veterans Association ($147k), Seattle Childrens Hospital ($147k) and R M & Ida McFarlin Memorial Trust 10600 ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $35k (23% of expenses). Other salaries and wages came to $50k. At year end it held assets of $656k against liabilities of $3,378, net assets of $653k. It reported 7 employees.