Lifesong for Orphans Inc

Analysis

Lifesong for Orphans Inc is a registered charity in United States, based in Gridley, IL. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Lifesong for Orphans Inc reported income of $39.8m and spending of $32.1m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.0m to $39.8m (+81%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Lifesong for Orphans Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Internet Society Foundation ($39.8m), Best Buddies International Inc ($40.8m) and Hope Worldwide Ltd ($39.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 5.7% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $62.8m against liabilities of $584k, net assets of $62.2m.