Life Concepts Group Home II Inc

Analysis

Life Concepts Group Home II Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Life Concepts Group Home II Inc reported income of $216k and spending of $270k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $204k to $216k (+5.7%), an average of +1.4% a year. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Concepts Group Home II Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Haight Ashbury Food Program ($216k), Salisbury Family Services Incorporated ($216k) and Denver Fire Fighters Burn Foundation Inc ($216k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. At year end it held assets of $578k against liabilities of $502k, net assets of $77k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.