Exploring Life Inc

Analysis

Exploring Life Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Exploring Life Inc reported income of $1.6m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $974k to $1.6m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Exploring Life Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Cleverley Stone Foundation ($1.6m), Game Changers Foundation Inc ($1.6m) and Strong Family Health Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $261k (17% of expenses). Other salaries and wages came to $816k. At year end it held assets of $108k against liabilities of $0, net assets of $108k. It reported 57 employees.