Limitless Education & Training Inc
Analysis
Limitless Education & Training Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in August 2007, 19 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 2019, Limitless Education & Training Inc reported income of $279k and spending of $279k, spending 100% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $357k to $279k (-22%), an average of -22% a year. The sharpest change came in the year to December 2019, when income dropped by 22%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Limitless Education & Training Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Midland County Public Library Foundation ($279k), Keep Rising to the Top ($279k) and Kansas State Catbackers Inc ($279k).
On its Form 990 for the period ending December 2019, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $47k (17% of expenses). Other salaries and wages came to $93k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 24 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Midland County Public Library Foundation | Midland | $279k |
| Keep Rising to the Top | New York | $279k |
| Kansas State Catbackers Inc | Junction City | $279k |
| Fulmont College Association Inc | Johnstown | $279k |