Impacts Transitional Life-Skill Center Inc

Analysis

Impacts Transitional Life-Skill Center Inc is a registered charity in United States, based in Apollo Beach, FL. It received its IRS tax-exemption ruling in February 2021, 5 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, Impacts Transitional Life-Skill Center Inc reported income of $94k and spending of $118k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $232k to $94k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impacts Transitional Life-Skill Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Bronco Band Boosters Inc ($94k), Prudence Island School Foundation ($94k) and The New Jersey Institute for Training in Psychoanalysis Inc ($94k).

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 $153k against liabilities of $1,796, net assets of $151k.