L-Life Food Pantry

Analysis

L-Life Food Pantry is a registered charity in United States, based in Lebanon, MO. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, L-Life Food Pantry reported income of $927k and spending of $970k, spending 105% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $685k to $927k (+35%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, L-Life Food Pantry sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Professional Businesswomen of California ($927k), M O S E S Metropolitan Organizing Strategy Enabling Strength ($928k) and Healing House Inc ($926k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $34k (3.5% of expenses). Other salaries and wages came to $31k. At year end it held assets of $115k against liabilities of $17k, net assets of $98k. It reported 5 employees.