Legacy of Faith Ministries

Analysis

Legacy of Faith Ministries is a registered charity in United States, based in Livingston, MT. It received its IRS tax-exemption ruling in April 2013, 13 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, Legacy of Faith Ministries reported income of $121k and spending of $103k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $121k (-8.0%), an average of -8.0% a year. 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, Legacy of Faith Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MT. Charities of a similar size with the same main cause include Christmas Wonderland Inc ($121k), Table14 ($121k) and New Beginnings of Malone ($121k).

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 $40k against liabilities of $0, net assets of $40k.