Life Global Inc

Analysis

Life Global Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in January 2018, 8 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 December 2023, Life Global Inc reported income of $855k and spending of $916k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $855k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 316%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Life Global Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include One Generation Alliance Inc ($854k), Junior Achievement of New Mexico Inc ($856k) and Junior Achievement of Southwestern Indiana Inc ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $837k against liabilities of $0, net assets of $837k.