Life International Inc
Analysis
Life International Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 International Inc reported income of $3.2m and spending of $3.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.2m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 91% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life International Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Jones Medical Services PC ($3.2m), Penfield Volunteer Emergency Ambulance Service Inc ($3.2m) and Ability Now Bay Area Inc ($3.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $175k (5.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.2m against liabilities of $149k, net assets of $2.1m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jones Medical Services PC | Wellsville | $3.2m |
| Penfield Volunteer Emergency Ambulance Service Inc | Penfield | $3.2m |
| Ability Now Bay Area Inc | Oakland | $3.2m |
| Smyth County Charitable Fund | Marion | $3.2m |