Live Ear Ministries

Analysis

Live Ear Ministries is a registered charity in United States, based in Webster, TX. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Live Ear Ministries reported income of $151k and spending of $149k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $151k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Live Ear Ministries 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 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Airborne Scholarship Association ($151k), Southern University Alumni Federation ($151k) and Kansas Bankers Educational Foundation ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.