Life Connection Ministries Inc

Analysis

Life Connection Ministries Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Life Connection Ministries Inc reported income of $126k and spending of $124k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $126k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Connection Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Manteca-Ripon Pentecost Society ($126k), Scarlet Thread ($126k) and Lan Ministries ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.