Life Center Ethiopia

Analysis

Life Center Ethiopia is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Center Ethiopia reported income of $241k and spending of $238k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $241k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Life Center Ethiopia sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Children of God Relief Fund Inc ($241k), Osgood Center for Internationalstudies Inc ($241k) and Sonoma Equine Rescue Rehab & Adoption Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (18% of expenses). Other salaries and wages came to $25k. At year end it held assets of $142k against liabilities of $0, net assets of $142k. It reported 2 employees.