Life Change Community Outreach Inc

Analysis

Life Change Community Outreach Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 2023, 3 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 Change Community Outreach Inc reported income of $96k and spending of $114k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $161k to $96k (-41%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Change Community Outreach Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include Loving Hands Ranch Inc ($96k), Society of St Vincent de Paul St Timothy Conference ($96k) and Kasinadhuni Durgamba Butchiah Inc ($96k).

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 $25k against liabilities of $24k, net assets of $755.