L I F E - C a N Inc

Analysis

L I F E - C a N Inc is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, L I F E - C a N Inc reported income of $362k and spending of $301k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $362k (+12%), an average of +2.9% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, L I F E - C a N Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Ballet Brazos ($362k), Eastern Shore Center for Independent Living Inc ($362k) and Big Island Mediation ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $667k against liabilities of $0, net assets of $667k.