Lifeissocalgood LLC

Analysis

Lifeissocalgood LLC is a registered charity in United States, based in Monrovia, CA. It received its IRS tax-exemption ruling in January 2012, 14 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 December 2023, Lifeissocalgood LLC reported income of $121k and spending of $127k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $187k to $121k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lifeissocalgood LLC sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Merritt Academy Parent Teacher Organization ($121k), Stone Church Preschool ($121k) and Divas in Power Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 12% of the total. At year end it held assets of $436k against liabilities of $0, net assets of $436k.