Lifebuild Inc

Analysis

Lifebuild Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Lifebuild Inc reported income of $97k and spending of $18k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $97k (+163%), an average of +163% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 23% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lifebuild Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Diamond G Outreach ($97k), Unveiling ($97k) and Miss Amazing Inc Group Filing Return ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 99% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.