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Reflective Life Ministries

RegisteredEIN 26-3979164Magnolia, TXReligion
Income$390k2023-12
Spending$258ksame year
Spent / received72%4-year average
Size in its cause79th pctReligion
Exempt since2009Publicly supported organisat
Employees0latest return

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

$0$140k$279k$419k$559k2020 Income: $197,6112020 Spending: $154,86220202021 Income: $558,6862021 Spending: $262,24520212022 Income: $210,3262022 Spending: $308,05620222023 Income: $389,9732023 Spending: $257,9262023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Program services 0.8%
  • Other 8.1%

Similar-sized charities, same cause

CharityLocationIncome
Peace Promise IncBoiling SPGS$390k
Sacred Heart Academy Education FoundationGrand Rapids$390k
Shalom Ministries IncBrooklyn$390k
Huong Lam Buddhist Center IncPearland$390k