Laflin Life Foundation Inc

Analysis

Laflin Life Foundation Inc is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Laflin Life Foundation Inc reported income of $426k and spending of $430k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $115k to $426k (+270%), an average of +92% a year. The sharpest change came in the year to December 2022, when income rose by 279%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Laflin Life Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CO. Charities of a similar size with the same main cause include Men of Courage Louisiana ($426k), Lutheran Ministry Services Northwest ($427k) and New Mercies Ministries Inc ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $135k (31% of expenses). At year end it held assets of $188k against liabilities of $106k, net assets of $82k.