Lifegate Inc

Analysis

Lifegate Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lifegate Inc reported income of $395k and spending of $405k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $395k (+251%), an average of +251% a year. The sharpest change came in the year to December 2023, when income rose by 251%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifegate Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Romans 12 Ministries Inc ($395k), Hidden Bluff Ministries Inc ($395k) and Iglesia de Jesucristo Pentecostes Ucc Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,077 against liabilities of $0, net assets of $5,077.