Life Masteries Institute

Analysis

Life Masteries Institute is a registered charity in United States, based in Decatur, IL. It received its IRS tax-exemption ruling in May 2000, 26 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, Life Masteries Institute reported income of $99k and spending of $96k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $99k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Life Masteries Institute sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Sowing Seeds Into the Midlands ($99k), Little League Baseball Inc ($99k) and Gangs 2 Grace Youth Foundation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.