Life Enrichment Options

Analysis

Life Enrichment Options is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in November 1991, 35 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, Life Enrichment Options reported income of $408k and spending of $320k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $408k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life Enrichment Options sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Roofers Local 149 - Southeastern Michigan Roofing Contractors ($408k), Ignite Robotics ($408k) and Turbo Charitable Foundation ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 29% of the total. Other salaries and wages came to $77k. At year end it held assets of $2.7m against liabilities of $50k, net assets of $2.6m. It reported 2 employees.