Word of Life
Analysis
Word of Life is a registered charity in United States, based in FSTRVL Trvose, PA. It received its IRS tax-exemption ruling in April 1964, 62 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 reported income of $765k and spending of $710k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $873k to $765k (-12%), an average of -6.4% a year. Over the whole period it spent 89% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Word of Life sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Jay Lowder Harvest Ministries Inc ($765k), Vedic Cultural and Spiritual Center of San Diego ($765k) and Saint Mary and Archangel Raphael Coptic Orthodox Church ($765k).
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 $57k. At year end it held assets of $239k against liabilities of $0, net assets of $239k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jay Lowder Harvest Ministries Inc | Wichita Falls | $765k |
| Vedic Cultural and Spiritual Center of San Diego | Poway | $765k |
| Saint Mary and Archangel Raphael Coptic Orthodox Church | South Amboy | $765k |
| Life for All Institute Inc | Pompano Beach | $766k |