Life Skills Foundation

Analysis

Life Skills Foundation is a registered charity in United States, based in Le Mars, IA. It received its IRS tax-exemption ruling in June 1994, 32 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 Skills Foundation reported income of $153k and spending of $126k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $153k (-0.3%), an average of -0.3% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Skills 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 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Front Rangers Cycling Club Inc ($153k), Cuban American Bar Foundation Inc ($153k) and University of Notre Dame Club of Chicago ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $459k against liabilities of $1,261, net assets of $458k.