The Word of Life Association Inc

Analysis

The Word of Life Association Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in August 1980, 46 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 June 2024, The Word of Life Association Inc reported income of $69k and spending of $92k, spending 133% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $75k to $69k (-7.4%), an average of -1.5% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Word of Life Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Childrens Ministry ($69k), Fort Lauderdale Garden Club Inc ($69k) and Habitat for Humanity International Inc ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $76k (83% of expenses). At year end it held assets of $18k against liabilities of $0, net assets of $18k.