Life Center For Spiritual Growth
EIN: 382325460 · Grand Rapids, MI · NTEE: P54Z
| Metric | Value |
|---|---|
| Total Revenue | $299K |
| Total Expenses | $243K |
| Net Assets | $102K |
Is Life Center For Spiritual Growth Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life Center For Spiritual Growth
Life Center For Spiritual Growth (EIN: 382325460) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code P54Z. The organization reported total revenue of $299K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Center For Spiritual Growth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Center For Spiritual Growth is a small nonprofit that has been operating for 44 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $243K |
| Total Expenses | $243K |
| Surplus / Deficit | $-364 |
| Total Assets | $117K |
| Total Liabilities | $14K |
| Net Assets | $102K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 12.2% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2024, Life Center For Spiritual Growth reported a deficit of $364 with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 12.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Life Center For Spiritual Growth's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.4% | +26.5% | +9.8% |
| 2023 | +33.6% | +14.9% | +91.6% |
| 2022 | +49.4% | +47.9% | +47.3% |
| 2021 | +73.1% | +75.2% | +11.2% |
| 2020 | -23.7% | -33.8% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Life Center For Spiritual Growth has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Life Center For Spiritual Growth with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $364, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.2%.
Frequently Asked Questions about Life Center For Spiritual Growth
Is Life Center For Spiritual Growth a legitimate charity?
Life Center For Spiritual Growth (EIN: 382325460) is a registered tax-exempt nonprofit based in Michigan. It has 14 years of IRS 990 filings on record. Total revenue: $299K. No red flags identified. Financial health grade: B.
How does Life Center For Spiritual Growth spend its money?
Life Center For Spiritual Growth reported $299K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life Center For Spiritual Growth tax-deductible?
Life Center For Spiritual Growth is registered as a tax-exempt nonprofit (EIN: 382325460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life Center For Spiritual Growth located?
Life Center For Spiritual Growth is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 382325460. It is classified under NTEE code P54Z.
How many years of IRS 990 filings does Life Center For Spiritual Growth have?
Life Center For Spiritual Growth has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $299K in total revenue.
Filing History
IRS 990 filing history for Life Center For Spiritual Growth showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Life Center For Spiritual Growth's revenue has grown by 194.2%, moving from $82K to $243K. Total assets increased by 307.5% over the same period, from $29K to $117K. Total functional expenses rose by 167.7%, from $91K to $243K. In its most recent filing year (2024), Life Center For Spiritual Growth reported a deficit of $364, with expenses exceeding revenue. The organization holds $14K in liabilities against $117K in assets (debt-to-asset ratio: 12.2%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $243K | $243K | $117K | $14K | — | — |
| 2023 | $244K | $192K | $106K | $3K | — | View 990 |
| 2022 | $182K | $167K | $55K | $4K | — | View 990 |
| 2021 | $122K | $113K | $38K | $2K | — | View 990 |
| 2020 | $70K | $65K | $34K | $0 | — | View 990 |
| 2019 | $92K | $97K | $29K | $1K | — | — |
| 2018 | $87K | $77K | $34K | $1K | — | View 990 |
| 2017 | $77K | $75K | $25K | $1K | — | View 990 |
| 2016 | $71K | $75K | $24K | $2K | — | View 990 |
| 2015 | $67K | $69K | $27K | $1K | — | View 990 |
| 2014 | $62K | $62K | $29K | $1K | — | — |
| 2013 | $74K | $75K | $29K | $630 | — | — |
| 2012 | $78K | $74K | $33K | $1K | — | View 990 |
| 2011 | $82K | $91K | $29K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $243K, expenses of $243K, and assets of $117K (revenue -0.4% year-over-year).
- 2023: Revenue of $244K, expenses of $192K, and assets of $106K (revenue +33.6% year-over-year).
- 2022: Revenue of $182K, expenses of $167K, and assets of $55K (revenue +49.4% year-over-year).
- 2021: Revenue of $122K, expenses of $113K, and assets of $38K (revenue +73.1% year-over-year).
- 2020: Revenue of $70K, expenses of $65K, and assets of $34K (revenue -23.7% year-over-year).
- 2019: Revenue of $92K, expenses of $97K, and assets of $29K (revenue +6.3% year-over-year).
- 2018: Revenue of $87K, expenses of $77K, and assets of $34K (revenue +13.3% year-over-year).
- 2017: Revenue of $77K, expenses of $75K, and assets of $25K (revenue +7.4% year-over-year).
- 2016: Revenue of $71K, expenses of $75K, and assets of $24K (revenue +6.9% year-over-year).
- 2015: Revenue of $67K, expenses of $69K, and assets of $27K (revenue +8.5% year-over-year).
- 2014: Revenue of $62K, expenses of $62K, and assets of $29K (revenue -16.7% year-over-year).
- 2013: Revenue of $74K, expenses of $75K, and assets of $29K (revenue -5.7% year-over-year).
- 2012: Revenue of $78K, expenses of $74K, and assets of $33K (revenue -4.9% year-over-year).
- 2011: Revenue of $82K, expenses of $91K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Center For Spiritual Growth:
Data Sources and Methodology
This transparency report for Life Center For Spiritual Growth is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.