Life School Education Foundation

Analysis

Life School Education Foundation is a registered charity in United States, based in Red Oak, TX. It received its IRS tax-exemption ruling in August 2016, 10 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 August 2023, Life School Education Foundation reported income of $81k and spending of $90k, spending 111% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $111k to $81k (-27%), an average of -27% a year. The sharpest change came in the year to August 2023, when income dropped by 27%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life School Education Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Parent Booster USA Inc ($81k), American Council of Engineering Companies of Colo SCH and Edu Foun ($81k) and One by One International ($81k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.