Life Skills International Inc

Analysis

Life Skills International Inc is a registered charity in United States, based in Roaring SPNGS, TX. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Life Skills International Inc reported income of $145k and spending of $214k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $145k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 200% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Skills International Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Justice Knox ($145k), Rare New England Inc ($145k) and Windber Hospital Palliative Care Foundation ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 71% of the total. Other salaries and wages came to $161k. At year end it held assets of $400k against liabilities of $0, net assets of $400k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.