Lifeventure Group Incorporated

Analysis

Lifeventure Group Incorporated is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 2019, 7 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, Lifeventure Group Incorporated reported income of $172k and spending of $154k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $172k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lifeventure Group Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($172k), Ludis ($172k) and The Child Development Center at Queens College Inc ($172k).

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 $69k against liabilities of $1,746, net assets of $67k.