Life Builders Incorporated

Analysis

Life Builders Incorporated is a registered charity in United States, based in Rancho Cucamonga, CA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Life Builders Incorporated reported income of $258k and spending of $216k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $258k (+454%), an average of +454% a year. The sharpest change came in the year to December 2023, when income rose by 454%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Builders Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Adullam House Ministries ($258k), Robinhood Group ($258k) and Ennis Senior Center Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $73k (34% of expenses). Other salaries and wages came to $71k. At year end it held assets of $72k against liabilities of $45k, net assets of $27k.