Vertical Living Ministries Inc

Analysis

Vertical Living Ministries Inc is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Vertical Living Ministries Inc reported income of $92k and spending of $74k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $92k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vertical Living Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Living Shield Ministries ($92k), Pronto Socorro de Jesus Temple de Oracao Inc ($92k) and Edna Letto Trust Fbo Trinity Hills United Church of Christ ($92k).

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 $44k against liabilities of $0, net assets of $44k.