Life Concepts Independent Living II Inc

Analysis

Life Concepts Independent Living II Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Independent Living II Inc reported income of $66k and spending of $71k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $75k to $66k (-13%), an average of -3.3% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Life Concepts Independent Living II Inc sits at the 15th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Hamilton Manor ($66k), Town and Country Lodges Inc ($66k) and McAllister Street Inc ($66k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $110k against liabilities of $235k, net assets of -$125k.