Look for Success Inc

Analysis

Look for Success Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2022, Look for Success Inc reported income of $196k and spending of $196k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $342k to $196k (-42%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Look for Success Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Fairfield Education and Community Association ($196k), Dyslexia Reseource Center ($196k) and Downtown Salisbury Inc ($196k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $800 against liabilities of $40k, net assets of -$39k.