Life Action Ministries
Analysis
Life Action Ministries is a registered charity in United States, based in Buchanan, MI. It received its IRS tax-exemption ruling in September 1977, 49 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 May 2023, Life Action Ministries reported income of $19.7m and spending of $20.4m, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $15.6m to $19.7m (+26%), an average of +6.0% a year. The sharpest change came in the year to May 2022, when income rose by 40%. 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, Life Action Ministries sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Foundation for a Christian Civilization Inc ($19.7m), Bible Broadcasting Network Incorporated ($19.7m) and Altrua Ministries ($19.4m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $1.9m (9.3% of expenses). Other salaries and wages came to $6.6m. It paid $66k in professional fundraising fees. At year end it held assets of $13.6m against liabilities of $3.2m, net assets of $10.4m. It reported 220 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 13%
- Other 4.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Foundation for a Christian Civilization Inc | Spring Grove | $19.7m |
| Bible Broadcasting Network Incorporated | Charlotte | $19.7m |
| Altrua Ministries | Austin | $19.4m |
| Shalom Ministries International Inc | Dublin | $19.9m |