Lifecraft Foundation

Analysis

Lifecraft Foundation is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in May 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, Lifecraft Foundation reported income of $179k and spending of $135k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $179k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lifecraft Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Iowa Association of Agricultural Educators ($179k), American Diplomacy Foundation ($180k) and Ross School Parent Teacher Organization ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.