Life Health and Wellness Center Incorporated

Analysis

Life Health and Wellness Center Incorporated is a registered charity in United States, based in Ansonia, CT. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Life Health and Wellness Center Incorporated reported income of $439k and spending of $284k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $118k to $439k (+273%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 130%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Health and Wellness Center Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Hope Hollow ($439k), Onegoodturn Inc ($439k) and She Rocks Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Other salaries and wages came to $168k. At year end it held assets of $228k against liabilities of $8,900, net assets of $220k. It reported 23 employees.