Lifes Kitchen Inc

Analysis

Lifes Kitchen Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in August 2002, 24 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, Lifes Kitchen Inc reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $639k to $1.2m (+81%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 80%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lifes Kitchen Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within ID. Charities of a similar size with the same main cause include Resources for Resilience ($1.2m), Global Give Back Circle ($1.2m) and Rogue Climate ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $71k (5.5% of expenses). Other salaries and wages came to $482k. At year end it held assets of $3.5m against liabilities of $1.4m, net assets of $2.1m. It reported 24 employees.