Life Model Works Inc

Analysis

Life Model Works Inc is a registered charity in United States, based in Merriam, KS. It received its IRS tax-exemption ruling in November 1970, 56 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 Model Works Inc reported income of $506k and spending of $602k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $506k (+16%), an average of +3.8% a year. 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 Model Works Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include Rainbow of Love Inc ($506k), Home Base Inc ($506k) and Instituto de Avance Integral Latino Inc a Community Development Non-P ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $35k (5.8% of expenses). Other salaries and wages came to $258k. It paid $1,321 in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $21k, net assets of $2.2m. It reported 8 employees.