Exchanged Life Ministries of Greater Philadelphia

Analysis

Exchanged Life Ministries of Greater Philadelphia is a registered charity in United States, based in North Wales, PA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Exchanged Life Ministries of Greater Philadelphia reported income of $73k and spending of $52k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $73k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Exchanged Life Ministries of Greater Philadelphia sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Billings Ovulation Method Association USA ($73k), Young Overcomers United ($73k) and Georgia Methadone Providers Coalition Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.