Living Church Foundation Inc

Analysis

Living Church Foundation Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 1953, 73 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living Church Foundation Inc reported income of $934k and spending of $1.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $975k to $934k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Church Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Worldwide Marriage Encounter - North American Secretariat ($933k), Congregation Har Shalom ($934k) and Big Canyon Ranch Inc ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $40k (4.0% of expenses). Other salaries and wages came to $366k. At year end it held assets of $730k against liabilities of $187k, net assets of $544k. It reported 11 employees.