LTF Ministries

Analysis

LTF Ministries is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in December 2010, 16 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, LTF Ministries reported income of $89k and spending of $134k, spending 151% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $244k to $89k (-63%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. 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, LTF Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include Kenya Islands Mission Inc ($89k), Grace for All TRNG & Benevolence to the Children of Ethiopia Inc ($89k) and Church of the Heavens Saints Intl ($89k).

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 $42k against liabilities of $0, net assets of $42k.