Living Science Home Studies Inc

Analysis

Living Science Home Studies Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Science Home Studies Inc reported income of $876k and spending of $843k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $709k to $876k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Living Science Home Studies Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Women in California Leadership Inc ($876k), Morris Educational Foundation Incorporated ($876k) and West Michigan Sustainable Business Forum ($876k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $136k (16% of expenses). Other salaries and wages came to $390k. At year end it held assets of $503k against liabilities of $15k, net assets of $488k. It reported 31 employees.