Ilife LLC

Analysis

Ilife LLC is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ilife LLC reported income of $15.5m and spending of $12.2m, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $13.8m to $15.5m (+13%), an average of +2.4% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ilife LLC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Glenkirk ($15.5m), Hillcroft Services Inc ($15.5m) and Advocap Inc ($15.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $30.9m against liabilities of $3.0m, net assets of $27.9m.