Words of Life
Analysis
Words of Life is a registered charity in United States, based in Sellersburg, IN. It received its IRS tax-exemption ruling in June 1997, 29 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, Words of Life reported income of $57k and spending of $62k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $57k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Words of Life sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Matthew 25 ($57k), Foundation for Prayerful Living ($57k) and Joy Ministries Outreach Inc ($57k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $43k against liabilities of $3,964, net assets of $39k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Matthew 25 | Catskill | $57k |
| Foundation for Prayerful Living | Goodyear | $57k |
| Joy Ministries Outreach Inc | Refugio | $57k |
| Grac-Life Ministries | Semmes | $57k |