Everlasting Life Ministries Inc

Analysis

Everlasting Life Ministries Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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, Everlasting Life Ministries Inc reported income of $206k and spending of $153k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $206k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everlasting Life Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Historic Trenton Masonic Temple Inc ($206k), Yavapai Symphony Association Inc ($206k) and Lafayette Nursery School ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $31k. At year end it held assets of $693k against liabilities of $3,495, net assets of $689k.