Lifehouse Ghanaian Seventh-Day Adventist Church Inc

Analysis

Lifehouse Ghanaian Seventh-Day Adventist Church Inc is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in May 2023, 3 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, Lifehouse Ghanaian Seventh-Day Adventist Church Inc reported income of $84k and spending of $84k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $22k to $84k (+282%), an average of +56% a year. The sharpest change came in the year to December 2022, when income rose by 171%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifehouse Ghanaian Seventh-Day Adventist Church Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Lighthouse Ministry International ($84k), Watt Buddhacheya Mongkol Inc ($84k) and Gospel Community Church ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $742k against liabilities of $510k, net assets of $232k.