The Life Church of Houma

Analysis

The Life Church of Houma is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Life Church of Houma reported income of $996k and spending of $1.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $840k to $996k (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Life Church of Houma sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Climbing for Christ Inc ($995k), Finish Line Ministries International ($996k) and Mission of Grace Inc ($995k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $41k (3.4% of expenses). Other salaries and wages came to $401k. At year end it held assets of $3.5m against liabilities of $1.9m, net assets of $1.6m.