Life Center of Cumberland County

Analysis

Life Center of Cumberland County is a registered charity in United States, based in Toledo, IL. It received its IRS tax-exemption ruling in October 1982, 44 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 September 2023, Life Center of Cumberland County reported income of $332k and spending of $293k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $183k to $332k (+82%), an average of +16% a year. The sharpest change came in the year to September 2020, when income rose by 27%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Center of Cumberland County sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Shiawassee Arts Council ($332k), Linkacross ($332k) and Chicago Master Singers ($332k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $53k (18% of expenses). Other salaries and wages came to $137k. At year end it held assets of $659k against liabilities of $20k, net assets of $638k. It reported 8 employees.