Life Builders Ministries International

Analysis

Life Builders Ministries International is a registered charity in United States, based in Lake Forest, IL. It received its IRS tax-exemption ruling in February 2009, 17 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, Life Builders Ministries International reported income of $302k and spending of $326k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $302k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Builders Ministries International sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Heroes Church ($302k), Asia Connect ($302k) and Faithtree Resources ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $180, net assets of $37k.