Lifehouse Productions

Analysis

Lifehouse Productions is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. 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, Lifehouse Productions reported income of $783k and spending of $985k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $724k to $783k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lifehouse Productions sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Abq Faithworks Collaborative ($783k), Terrewode Womens Fund ($783k) and One East Sixtieth Street Historical Foundation ($783k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $226k (23% of expenses). Other salaries and wages came to $244k. At year end it held assets of $766k against liabilities of $131k, net assets of $635k. It reported 17 employees.