Life Source International Inc

Analysis

Life Source International Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in April 2002, 24 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 Source International Inc reported income of $666k and spending of $680k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $417k to $666k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Source International Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within AR. Charities of a similar size with the same main cause include Schuylkill YMCA ($666k), Community Seva Inc ($667k) and Hearts for Moms Inc ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $143k (21% of expenses). Other salaries and wages came to $121k. At year end it held assets of $545k against liabilities of $320k, net assets of $225k. It reported 11 employees.