Launch

Analysis

Launch is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Launch reported income of $168k and spending of $166k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $168k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Launch sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within AZ. Charities of a similar size with the same main cause include National Association of Evangelism Inc ($168k), Creative Outreach Ministries Enterprises Inc ($168k) and Center for Regenerative Ecological Education & Enterprise Development ($168k).

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 $26k against liabilities of $0, net assets of $26k.