Fountain of Life International Ministries Inc

Analysis

Fountain of Life International Ministries Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fountain of Life International Ministries Inc reported income of $242k and spending of $214k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $222k to $242k (+9.1%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fountain of Life International Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Soar Global Inc ($242k), Resourcing Now Ministries ($242k) and Love Squared Missions Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.