Word of Life Chapel International

Analysis

Word of Life Chapel International is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Word of Life Chapel International reported income of $133k and spending of $140k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $133k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word of Life Chapel International sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include American Friends of Hitchabroot Inc ($133k), Connect NYC Ministries Inc ($133k) and Leglise de Dieu Les Elus Pour Christ ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $199k against liabilities of $27k, net assets of $171k.