Light of Life International Inc

Analysis

Light of Life International Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 2005, 21 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, Light of Life International Inc reported income of $860k and spending of $967k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $860k (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of Life International Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include San Miguel School of Tulsa Inc ($860k), Pennyrile Christian Community Inc ($860k) and Purpose Institute Inc ($860k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $198k (20% of expenses). Other salaries and wages came to $22k. At year end it held assets of $108k against liabilities of $3,566, net assets of $104k. It reported 3 employees.