International Life Change Ministries Inc

Analysis

International Life Change Ministries Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Life Change Ministries Inc reported income of $509k and spending of $413k, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $428k to $509k (+19%), an average of +3.5% a year. The sharpest change came in the year to December 2019, when income rose by 52%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Life Change Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Catholic Rainbow Outreach ($509k), Murugan Temple of St Louis ($509k) and Lassid Ministries Inc ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (9.4% of expenses). Other salaries and wages came to $38k. At year end it held assets of $1.9m against liabilities of $1.1m, net assets of $756k.