Life Christian Foundation

Analysis

Life Christian Foundation is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Christian Foundation reported income of $475k and spending of $141k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $475k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 1953%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Life Christian Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Precious Dreams Foundation ($475k), Lily of the Valley AIDS Foundation ($475k) and District 1 Hospital Emergency Planning Committee Inc ($474k).

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 $4.6m against liabilities of $933, net assets of $4.6m.