Life Purpose Power Teams

Analysis

Life Purpose Power Teams is a registered charity in United States, based in LA Porte, IN. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Purpose Power Teams reported income of $135k and spending of $147k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $337k to $135k (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Purpose Power Teams sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within IN. Charities of a similar size with the same main cause include Calvarys Mission Inc ($135k), Trustees Education Network Inc ($135k) and Richland Hospital Foundation Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.