Life Unlimited Inc

Analysis

Life Unlimited Inc is a registered charity in United States, based in Liberty, MO. It received its IRS tax-exemption ruling in March 1989, 37 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 June 2023, Life Unlimited Inc reported income of $26.9m and spending of $23.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.5m to $26.9m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Unlimited Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Richland Place Inc ($26.9m), Channing House ($26.9m) and Montgomery Hospice Inc ($26.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $439k (1.9% of expenses). Other salaries and wages came to $16.5m. At year end it held assets of $21.1m against liabilities of $4.7m, net assets of $16.4m. It reported 414 employees.