The Lionheart Life Center Inc

Analysis

The Lionheart Life Center Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Lionheart Life Center Inc reported income of $2.3m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lionheart Life Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within GA. Charities of a similar size with the same main cause include Mt San Antonio College Foundation ($2.3m), Smart Start Partnership for Children Inc ($2.3m) and Ignatian Solidarity Network Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $135k (5.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $539k, net assets of $1.6m. It reported 34 employees.