Lifetime Learning Center

Analysis

Lifetime Learning Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lifetime Learning Center reported income of $120k and spending of $95k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $125k to $120k (-4.3%), an average of -4.3% a year. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lifetime Learning Center sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include Health Excel Foundation ($120k), Berea Academy Saint Louis ($120k) and Colwich City Township ($120k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 73% of the total. At year end it held assets of $365k against liabilities of $2,750, net assets of $362k.