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LIFE ASSET INC

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Public nonprofit record

LIFE ASSET INC

EIN 45-4737489 · Financial Counseling (P51)

What they do

THE MISSION of LIFE ASSET is to HELP ALLEVIATE POVERTY IN THE GREATER WASHINGTON, DC AREA, BY EMPOWERING PEOPLE THROUGH AFFORDABLE FINANCIAL PRODUCTS, SERVICES, and EDUCATION, THEREBY PROMOTING SELF-HELP and SELF- RESPECT and EXPANDING SOCIAL and ECONOMIC OPPORTUNITIES for LOWER INCOME RESIDENTS.

Money

Financial picture

Tax year 2024
Revenue$1,641,020
Expenses$1,278,890
Assets$9,076,088
Income$1,641,020
Contributions$1,428,298
Management$174,208
Executive compensation$75,000
Accounting fees$107,719

About this charity

Recognized since
January 2013
Location
1640 COLUMBIA RD NW, WASHINGTON, DC 20009
County
District of Columbia
In care of
MARKUS LARSSON
Primary officer
MARKUS LARSSON, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
GELMAN ROSENBERG & FREEDMAN
NTEE classification
Financial Counseling (P51)
IRS tax category
Financial Counseling
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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