Learning for Life

Analysis

Learning for Life is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Learning for Life reported income of $1.8m and spending of $1.5m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.8m to $1.8m (-73%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Learning for Life sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Club of Harrison County Incorporated ($1.8m), Block Island Maritime Funding Inc ($1.9m) and Americas Future Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 94% of the total. At year end it held assets of $5.5m against liabilities of $821k, net assets of $4.7m.