Life Enrichment Senior Center

Analysis

Life Enrichment Senior Center is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 Enrichment Senior Center reported income of $152k and spending of $113k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $203k to $152k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Enrichment Senior Center sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Neighborhood Gospel Missions Inc ($152k), Country Dance and Song Society Inc ($152k) and I to We Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $7,244. At year end it held assets of $367k against liabilities of $4,019, net assets of $363k.