Living Spring Faith Ministries-Usa

Analysis

Living Spring Faith Ministries-Usa is a registered charity in United States, based in Oakton, VA. It received its IRS tax-exemption ruling in January 2007, 19 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, Living Spring Faith Ministries-Usa reported income of $74k and spending of $124k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $74k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Spring Faith Ministries-Usa sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Cross Timbers Senior Citizen ($74k), Don Ausman Foundation Inc ($74k) and Calasanz Childrens Foundation ($74k).

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 $57k against liabilities of $17k, net assets of $40k.