Spirit of Life Power International

Analysis

Spirit of Life Power International is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spirit of Life Power International reported income of $157k and spending of $150k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $103k to $157k (+53%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spirit of Life Power International sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Samaritian Inn Foundation Inc ($157k), Indiana Drug Enforcement Association Idea Inc ($157k) and Rotary Club of Concord Charitable Foundation ($157k).

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 $16k against liabilities of $0, net assets of $16k.