Life Empowering Truths

Analysis

Life Empowering Truths is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in May 2019, 7 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 Empowering Truths reported income of $93k and spending of $50k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $93k (+221%), an average of +221% a year. The sharpest change came in the year to December 2023, when income rose by 221%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Empowering Truths sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Friends of Young Life Dupage County Foundation ($93k), Friendship Table ($93k) and Debre Menkrat Saint Gabriel Ethiopian Orthodox Tewahdo Church ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $99k against liabilities of $575, net assets of $98k.