Lifechange Foundation Inc

Analysis

Lifechange Foundation Inc is a registered charity in United States, based in Clinton, MO. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lifechange Foundation Inc reported income of $304k and spending of $269k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $304k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifechange Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Crosswind ($304k), Redeeming Grace Ministries ($304k) and New Name Counseling and Teaching Center Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $73k (27% of expenses). Other salaries and wages came to $3,700. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.