Word of Life

Analysis

Word of Life is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in April 1992, 34 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 July 2024, Word of Life reported income of $470k and spending of $542k, spending 115% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $981k to $470k (-52%), an average of -14% a year. The sharpest change came in the year to July 2024, when income dropped by 37%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word of Life sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Servant House Education Ministries and Advancements Inc ($470k), Shepherds of Christ Ministries Inc ($470k) and St Michael Ethiopian Orthodox Tewahda Church ($470k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 86% and program service revenue 13% of the total. Other salaries and wages came to $203k. At year end it held assets of $369k against liabilities of $66k, net assets of $302k. It reported 9 employees.