Life Impact Inc

Analysis

Life Impact Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Impact Inc reported income of $2.1m and spending of $1.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Impact Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include Global Celebration ($2.1m), Genesis Foundation ($2.1m) and Oasis Counseling International ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $914k. At year end it held assets of $953k against liabilities of $97k, net assets of $856k. It reported 27 employees.