Institute For Life & Care
EIN: 260856142 · Englewood, CO · NTEE: B40
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $211K |
| Net Assets | $31K |
Is Institute For Life & Care Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Institute For Life & Care
Institute For Life & Care (EIN: 260856142) is a nonprofit organization based in Englewood, CO, classified under NTEE code B40. The organization reported total revenue of $235K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Life & Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Life & Care is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $235K |
| Total Expenses | $211K |
| Surplus / Deficit | +$24K |
| Total Assets | $35K |
| Total Liabilities | $4K |
| Net Assets | $31K |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 2.0 months |
Financial Health Grade: A
In 2023, Institute For Life & Care reported a surplus of $24K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Institute For Life & Care's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.6% | +4.3% | -3.6% |
| 2022 | -5.0% | -21.9% | +32.1% |
| 2021 | -47.2% | -36.6% | -32.8% |
| 2020 | -25.0% | -22.9% | +12.6% |
| 2019 | +0.8% | +3.2% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Institute For Life & Care has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute For Life & Care with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Institute For Life & Care
Is Institute For Life & Care a legitimate charity?
Institute For Life & Care (EIN: 260856142) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $235K. No red flags identified. Financial health grade: A.
How does Institute For Life & Care spend its money?
Institute For Life & Care reported $235K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Institute For Life & Care tax-deductible?
Institute For Life & Care is registered as a tax-exempt nonprofit (EIN: 260856142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Institute For Life & Care located?
Institute For Life & Care is headquartered in Englewood, Colorado and files with the IRS under EIN 260856142. It is classified under NTEE code B40.
How many years of IRS 990 filings does Institute For Life & Care have?
Institute For Life & Care has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $235K in total revenue.
Filing History
IRS 990 filing history for Institute For Life & Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Institute For Life & Care's revenue has declined by 15.7%, moving from $279K to $235K. Total assets increased by 106.6% over the same period, from $17K to $35K. Total functional expenses fell by 20.9%, from $267K to $211K. In its most recent filing year (2023), Institute For Life & Care reported a surplus of $24K, with revenue exceeding expenses. The organization holds $4K in liabilities against $35K in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $235K | $211K | $35K | $4K | — | — |
| 2022 | $198K | $202K | $36K | $58K | — | — |
| 2021 | $209K | $259K | $27K | $49K | — | View 990 |
| 2020 | $395K | $409K | $41K | $12K | — | — |
| 2019 | $526K | $530K | $36K | $2K | — | View 990 |
| 2018 | $522K | $513K | $43K | $4K | — | View 990 |
| 2017 | $451K | $437K | $34K | $4K | — | View 990 |
| 2016 | $441K | $409K | $18K | $2K | — | View 990 |
| 2015 | $489K | $542K | $31K | $47K | — | View 990 |
| 2014 | $391K | $417K | $39K | $2K | — | View 990 |
| 2013 | $432K | $385K | $64K | $1K | — | View 990 |
| 2012 | $312K | $311K | $17K | $1K | — | View 990 |
| 2011 | $279K | $267K | $17K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $235K, expenses of $211K, and assets of $35K (revenue +18.6% year-over-year).
- 2022: Revenue of $198K, expenses of $202K, and assets of $36K (revenue -5.0% year-over-year).
- 2021: Revenue of $209K, expenses of $259K, and assets of $27K (revenue -47.2% year-over-year).
- 2020: Revenue of $395K, expenses of $409K, and assets of $41K (revenue -25.0% year-over-year).
- 2019: Revenue of $526K, expenses of $530K, and assets of $36K (revenue +0.8% year-over-year).
- 2018: Revenue of $522K, expenses of $513K, and assets of $43K (revenue +15.6% year-over-year).
- 2017: Revenue of $451K, expenses of $437K, and assets of $34K (revenue +2.4% year-over-year).
- 2016: Revenue of $441K, expenses of $409K, and assets of $18K (revenue -9.9% year-over-year).
- 2015: Revenue of $489K, expenses of $542K, and assets of $31K (revenue +25.2% year-over-year).
- 2014: Revenue of $391K, expenses of $417K, and assets of $39K (revenue -9.5% year-over-year).
- 2013: Revenue of $432K, expenses of $385K, and assets of $64K (revenue +38.3% year-over-year).
- 2012: Revenue of $312K, expenses of $311K, and assets of $17K (revenue +12.0% year-over-year).
- 2011: Revenue of $279K, expenses of $267K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Life & Care:
Data Sources and Methodology
This transparency report for Institute For Life & Care is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.