Life on Life

Analysis

Life on Life is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 on Life reported income of $72k and spending of $61k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $72k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life on Life sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Mision Fuente de Salvacion Palmdale ($72k), Gospel Reach Foundation ($72k) and Thien Tinh Buddhist Meditation ($72k).

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 $58k against liabilities of $0, net assets of $58k.