Christian Life Resources Inc
Analysis
Christian Life Resources Inc is a registered charity in United States, based in Hartford, WI. It received its IRS tax-exemption ruling in December 1981, 45 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, Christian Life Resources Inc reported income of $633k and spending of $709k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $519k to $633k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Christian Life Resources Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Justfaith Ministries Inc ($633k), Valley of Grace ($633k) and Tyndale Bible Translators ($633k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $108k (15% of expenses). Other salaries and wages came to $227k. At year end it held assets of $109k against liabilities of $247k, net assets of -$138k. It reported 11 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 14%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Justfaith Ministries Inc | Louisville | $633k |
| Valley of Grace | Kokomo | $633k |
| Tyndale Bible Translators | Spokane Vly | $633k |
| Your Christian Companion Network Inc | Stockton | $633k |