Living on the Edge Ministries Inc

Analysis

Living on the Edge Ministries Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in June 2003, 23 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 on the Edge Ministries Inc reported income of $12.9m and spending of $13.7m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.0m to $12.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living on the Edge Ministries Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Equip Leadership Inc ($12.9m), The Catholic Community Fund of the Archdiocese of Boston Inc ($12.9m) and Camp Morasha Inc ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $966k (7.1% of expenses). Other salaries and wages came to $3.5m. It paid $21k in professional fundraising fees. At year end it held assets of $10.9m against liabilities of $2.2m, net assets of $8.7m. It reported 54 employees.