Living the Word Bible Institute & Evangelism Ctr

Analysis

Living the Word Bible Institute & Evangelism Ctr is a registered charity in United States, based in Henning, MN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Living the Word Bible Institute & Evangelism Ctr reported income of $68k and spending of $78k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $68k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living the Word Bible Institute & Evangelism Ctr sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Mandala Buddhist Association Inc ($68k), Sola Network Inc ($68k) and Minnesota Tres Dias ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $7,203 against liabilities of $0, net assets of $7,203.