Live the Word Inc

Analysis

Live the Word Inc is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in September 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 December 2023, Live the Word Inc reported income of $101k and spending of $165k, spending 164% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $101k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 148% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Live the Word Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Immigration and Ethnic History Society ($101k), Colorado Springs Down Syndrome Association Inc ($101k) and Doctors in Recital Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $18k, net assets of $46k.