Life Connection Mission Inc

Analysis

Life Connection Mission Inc is a registered charity in United States, based in Germantown, MD. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Life Connection Mission Inc reported income of $531k and spending of $462k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $531k (-50%), an average of -16% a year. The sharpest change came in the year to June 2020, when income dropped by 47%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Life Connection Mission Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Africa Exchange ($531k), Coi Inc ($531k) and Sereolipi Nomadic Education Foundation Inc ($531k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $155k. At year end it held assets of $1.2m against liabilities of $3,989, net assets of $1.2m. It reported 1 employees.