Reflective Life Ministries
Analysis
Reflective Life Ministries is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Reflective Life Ministries reported income of $390k and spending of $258k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $198k to $390k (+97%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 72% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Reflective Life Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Peace Promise Inc ($390k), Sacred Heart Academy Education Foundation ($390k) and Shalom Ministries Inc ($390k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 0.8% of the total. At year end it held assets of $419k against liabilities of $22, net assets of $419k.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 0.8%
- Other 8.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Peace Promise Inc | Boiling SPGS | $390k |
| Sacred Heart Academy Education Foundation | Grand Rapids | $390k |
| Shalom Ministries Inc | Brooklyn | $390k |
| Huong Lam Buddhist Center Inc | Pearland | $390k |