Life Development International
Analysis
Life Development International is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2015, 11 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, Life Development International reported income of $98k and spending of $78k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $55k to $98k (+77%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 90% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Life Development International sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within NM. Charities of a similar size with the same main cause include Gospel Glory Inc ($98k), Albir Islamic Association Inc ($98k) and Joe & Kim Stanley Ministries Inc ($98k).
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 $22k against liabilities of $0, net assets of $22k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gospel Glory Inc | Midlothian | $98k |
| Albir Islamic Association Inc | Kissimmee | $98k |
| Joe & Kim Stanley Ministries Inc | Kingsland | $98k |
| Bronx Community Assembly Corp | Bronx | $98k |