Lifequest Community Inc

Analysis

Lifequest Community Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in June 2022, 4 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 July 2024, Lifequest Community Inc reported income of $120k and spending of $73k, leaving 39% of income unspent that year. Across the 3 years on record, from July 2022 to July 2024, income grew from $106k to $120k (+13%), an average of +6.2% a year. The sharpest change came in the year to July 2024, when income rose by 171%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifequest Community Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Brent Sivnksty Ministries Inc ($120k), Shepherd to Shepherd-Heart to Heart ($120k) and Ad House of Prayer ($120k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.