Life the Universe and Everything Inc

Analysis

Life the Universe and Everything Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 the Universe and Everything Inc reported income of $77k and spending of $32k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $13k to $77k (+493%), an average of +493% a year. The sharpest change came in the year to December 2023, when income rose by 493%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life the Universe and Everything Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Leland High School Parent Club ($77k), TCS K-5 PTO ($77k) and Bridget Brewer Memorial Fund ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.