Lifesteps World Ministries Inc

Analysis

Lifesteps World Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2014, 12 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, Lifesteps World Ministries Inc reported income of $110k and spending of $113k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $120k to $110k (-8.3%), an average of -8.3% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifesteps World Ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OK. Charities of a similar size with the same main cause include Timbuktu Islamic Center Inc ($110k), West Shore Music Boosters ($110k) and Retreat House Spirituality Center Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $1,901, net assets of $16k.