Lifeworks Charitable Foundation

Analysis

Lifeworks Charitable Foundation is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Lifeworks Charitable Foundation reported income of $141k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $33k to $141k (+331%), an average of +331% a year. The sharpest change came in the year to June 2023, when income rose by 331%. Over the whole period it spent 8.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lifeworks Charitable Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Open Fields Inc ($141k), Katy Rotary Fund ($141k) and Pierpont Foundation Inc ($141k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 12% of the total. At year end it held assets of $496k against liabilities of $0, net assets of $496k.