Life Balance Institute

Analysis

Life Balance Institute is a registered charity in United States, based in Belvedere, CA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Balance Institute reported income of $312k and spending of $522k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $333k to $312k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Balance Institute sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Gee Gong Temple Inc ($312k), Beyond the Reef Foundation Inc ($312k) and Lombard Mennonite Peace Center ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $220k (42% of expenses). At year end it held assets of $1.0m against liabilities of $6,494, net assets of $1.0m. It reported 4 employees.