Life Bridge Ministries

Analysis

Life Bridge Ministries is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in April 2011, 15 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, Life Bridge Ministries reported income of $61k and spending of $70k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $61k (-14%), an average of -14% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Bridge Ministries sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Heavenly Holiday Ministries Inc ($61k), Sophia Code Foundation ($61k) and Christian Legacy Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 60% of the total. At year end it held assets of $4,986 against liabilities of $0, net assets of $4,986.