Life Training Institute

Analysis

Life Training Institute is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. 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 Training Institute reported income of $248k and spending of $279k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $389k to $248k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Training Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include International Association of Pastel Societies ($248k), Indigenous Training Ministries Inc ($248k) and Palmetto State Arts Education ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (20% of expenses). Other salaries and wages came to $64k. At year end it held assets of $301k against liabilities of $0, net assets of $301k. It reported 4 employees.