Life Sharing Center Inc

Analysis

Life Sharing Center Inc is a registered charity in United States, based in Tuba City, AZ. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2024, Life Sharing Center Inc reported income of $147k and spending of $166k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $259k to $147k (-43%), an average of -13% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Life Sharing Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Southern Conference on Language Teaching ($147k), Lone Star Cookers Inc ($147k) and Charles Kempf Evangelistic Association ($147k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $88k. At year end it held assets of $404k against liabilities of $4,124, net assets of $400k. It reported 7 employees.