Laymans Evangelical Fellowship International Inc

Analysis

Laymans Evangelical Fellowship International Inc is a registered charity in United States, based in South Lyon, MI. It received its IRS tax-exemption ruling in June 1988, 38 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Laymans Evangelical Fellowship International Inc reported income of $263k and spending of $126k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $263k (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laymans Evangelical Fellowship International Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($263k), Crime Prevention Fund ($263k) and Nami Hernando Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.