Life Giving Resources Inc

Analysis

Life Giving Resources Inc is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2024, Life Giving Resources Inc reported income of $455k and spending of $595k, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $589k to $455k (-23%), an average of -5.0% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Giving Resources Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Open Door Ministries of High Point Foundation Inc ($455k), Madani Memorial Inc ($455k) and Podcast Educational Foundation ($455k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $910k against liabilities of $0, net assets of $910k.