Celebrating Life Ministries

Analysis

Celebrating Life Ministries is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in May 1995, 31 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, Celebrating Life Ministries reported income of $299k and spending of $295k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $299k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Celebrating Life Ministries sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Bld-It Ministry ($299k), San Pedro Sula Dream Center Inc ($299k) and The Watchman International Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $90k (30% of expenses). Other salaries and wages came to $24k. At year end it held assets of $357k against liabilities of $22k, net assets of $335k. It reported 4 employees.