Lifechange Ministries Inc

Analysis

Lifechange Ministries Inc is a registered charity in United States, based in Cartersville, GA. It received its IRS tax-exemption ruling in April 2009, 17 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, Lifechange Ministries Inc reported income of $142k and spending of $103k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $142k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifechange Ministries Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include First Presbyterian Church ($142k), Freeland Ministries Inc ($142k) and American Friends of Mosdos Veretzky ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.