Life Outreach Center Incorporated

Analysis

Life Outreach Center Incorporated is a registered charity in United States, based in Jefferson Cty, TN. It received its IRS tax-exemption ruling in July 1999, 27 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 Outreach Center Incorporated reported income of $201k and spending of $179k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $156k to $201k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Outreach Center Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Cherokee Rodeo Inc ($201k), Hart Pantry ($201k) and Lee County 4th District Community Development Group ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $63k (35% of expenses). At year end it held assets of $239k against liabilities of $1,165, net assets of $238k. It reported 3 employees.