Life House Center

Analysis

Life House Center is a registered charity in United States, based in Sullivan, MO. It received its IRS tax-exemption ruling in February 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Life House Center reported income of $983k and spending of $383k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $327k to $983k (+200%), an average of +200% a year. The sharpest change came in the year to December 2023, when income rose by 200%. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Life House Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Irving Police Athletic League ($982k), Majesty Outdoors ($983k) and Ywam Caribbean Partners Inc ($982k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $47k (12% of expenses). Other salaries and wages came to $134k. At year end it held assets of $674k against liabilities of $4,850, net assets of $669k. It reported 16 employees.