Living Word Inc

Analysis

Living Word Inc is a registered charity in United States, based in Lorton, VA. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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, Living Word Inc reported income of $52k and spending of $71k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $52k (+5.1%), an average of +5.1% a year. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Word Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Frassatiusa Inc ($52k), California Federation of Womens Clubs ($52k) and National Ambucs Inc ($52k).

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 $42k against liabilities of $6,381, net assets of $35k.