Life Way World Mission Inc

Analysis

Life Way World Mission Inc is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in March 1998, 28 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 March 2023, Life Way World Mission Inc reported income of $107k and spending of $117k, spending 109% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $103k to $107k (+3.6%), an average of +1.2% a year. 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 Way World Mission Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Prodigal Ministries Inc ($107k), Plant Today Foundation ($107k) and Equip Life Ministries ($107k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $15k against liabilities of $588, net assets of $14k. It reported 1 employees.