Deep Living Lab

Analysis

Deep Living Lab is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in August 2022, 4 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, Deep Living Lab reported income of $1.0m and spending of $923k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $765k to $1.0m (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deep Living Lab sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Dream Schools ($1.0m), Foundation for Medical Excellence ($1.0m) and Valley Christian School Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $324k. At year end it held assets of $87k against liabilities of $7,291, net assets of $80k. It reported 6 employees.