Institute for Life-Long Learning & Workforce Innovation of FL Inc

Analysis

Institute for Life-Long Learning & Workforce Innovation of FL Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2022, 4 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, Institute for Life-Long Learning & Workforce Innovation of FL Inc reported income of $50k and spending of $18k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $50k (+10%), an average of +10% a year. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Life-Long Learning & Workforce Innovation of FL Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 10th percentile within DC. Charities of a similar size with the same main cause include Njea Teacher Leader Academy Inc ($50k), Hawaii Pacific Export Council ($50k) and Learning Zone ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $3,353, net assets of $81k.