Life Christian Outreach Inc

Analysis

Life Christian Outreach Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Christian Outreach Inc reported income of $5.3m and spending of $4.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.3m (+79%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Life Christian Outreach Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Community Radio for Northern Colorado ($5.3m), Merola Opera Program ($5.3m) and Creighton University-Boys Town Healthcare Foundation ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $114k (2.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.1m against liabilities of $51k, net assets of $2.1m. It reported 123 employees.