Life Message Inc
Analysis
Life Message Inc is a registered charity in United States, based in Rowlett, TX. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Message Inc reported income of $6.0m and spending of $5.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.9m to $6.0m (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Message Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Our Daily Bread Food Pantry ($6.0m), Independent Lifestyles Inc - a Center for Independent Living ($6.0m) and Bis-Man Transit Board ($6.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (1.1% of expenses). Other salaries and wages came to $475k. At year end it held assets of $223k against liabilities of $44k, net assets of $179k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Our Daily Bread Food Pantry | Marco Island | $6.0m |
| Independent Lifestyles Inc - a Center for Independent Living | Sauk Rapids | $6.0m |
| Bis-Man Transit Board | Bismarck | $6.0m |
| Cooperative Ministry | Columbia | $6.0m |