Living Foundation Ministries Inc

Analysis

Living Foundation Ministries Inc is a registered charity in United States, based in Blue Springs, MO. It received its IRS tax-exemption ruling in May 2020, 6 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, Living Foundation Ministries Inc reported income of $210k and spending of $210k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $241k to $210k (-13%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Foundation Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within MO. Charities of a similar size with the same main cause include Monte Maria Media Religious Corporation ($210k), Centro Cristiano de Adoracion or ($210k) and Through the Grace of God Ministries ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (18% of expenses). Other salaries and wages came to $58k. At year end it held assets of $74k against liabilities of $9,027, net assets of $65k. It reported 7 employees.