Apostolic Christian Lifepoints Inc

Analysis

Apostolic Christian Lifepoints Inc is a registered charity in United States, based in Morton, IL. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Apostolic Christian Lifepoints Inc reported income of $25.9m and spending of $22.2m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $18.8m to $25.9m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apostolic Christian Lifepoints Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Peoples Equal Action and Community Effort Inc ($25.9m), Presbyterian Homes of North Oaks Inc ($25.9m) and Family Service Association ($25.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $318k (1.4% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $53.5m against liabilities of $2.7m, net assets of $50.8m. It reported 437 employees.