Alpha-Omega Life Ministries
Analysis
Alpha-Omega Life Ministries is a registered charity in United States, based in Fairview HTS, IL. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Alpha-Omega Life Ministries reported income of $387k and spending of $381k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $183k to $387k (+111%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 191%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alpha-Omega Life Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Webster Comfort Care Home ($387k), Community Spring Inc ($387k) and Institucion de Envejecientes Hogar Dulce Hogar Inc ($387k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $50k (13% of expenses). Other salaries and wages came to $235k. At year end it held assets of $22k against liabilities of $1,148, net assets of $21k. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 78%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Webster Comfort Care Home | Webster | $387k |
| Community Spring Inc | Gainesville | $387k |
| Institucion de Envejecientes Hogar Dulce Hogar Inc | Bayamon | $387k |
| Texas Christian Community Development Network | Houston | $387k |