Learning for Life Charter School

Analysis

Learning for Life Charter School is a registered charity in United States, based in Marina, CA. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2023, Learning for Life Charter School reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+35%), an average of +7.9% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning for Life Charter School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Marylhurst Early Childhood Center Incorporated ($2.0m), Our Turn Inc ($2.0m) and Cypress Mandela Training Center ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $142k (7.3% of expenses). Other salaries and wages came to $949k. At year end it held assets of $1.3m against liabilities of $588k, net assets of $720k. It reported 24 employees.