Radical Life Ministries Inc
Analysis
Radical Life Ministries Inc is a registered charity in United States, based in Keystone HGTS, FL. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Radical Life Ministries Inc reported income of $659k and spending of $1.0m, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $558k to $659k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 102% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Radical Life Ministries Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Project Steps to Christ Inc ($659k), Gospel Hour Inc ($659k) and Simpson Park Camp Meeting Grounds Association ($658k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (9.5% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Steps to Christ Inc | Ft Covington | $659k |
| Gospel Hour Inc | Taylors | $659k |
| Simpson Park Camp Meeting Grounds Association | Bruce TWP | $658k |
| Christian Television of New Orleans Inc | Largo | $660k |