Life Recaptured Inc

Analysis

Life Recaptured Inc is a registered charity in United States, based in Merritt Is, FL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Recaptured Inc reported income of $610k and spending of $610k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $304k to $610k (+101%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Recaptured Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Peace Children Academy Inc ($610k), Village Institute Inc ($610k) and HHS Carefund Foundation ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $35k (5.7% of expenses). At year end it held assets of $147k against liabilities of $55k, net assets of $92k. It reported 2 employees.