Lifeway Mission International
Analysis
Lifeway Mission International is a registered charity in United States, based in Antioch, TN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lifeway Mission International reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $414k to $1.4m (+233%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifeway Mission International sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include SSTPS Inc ($1.4m), Childrens Center of the Upper Valley Inc ($1.4m) and River City Community Development Center ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $66k (5.5% of expenses). Other salaries and wages came to $42k. At year end it held assets of $420k against liabilities of $2,810, net assets of $417k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 23%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| SSTPS Inc | Albuquerque | $1.4m |
| Childrens Center of the Upper Valley Inc | Lebanon | $1.4m |
| River City Community Development Center | Chicago | $1.4m |
| Midwest AFC Homes | Farmington | $1.4m |