Lifeline Global Ministries
Analysis
Lifeline Global Ministries is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lifeline Global Ministries reported income of $564k and spending of $576k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $636k to $564k (-11%), an average of -3.0% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifeline Global Ministries sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Partners Ending Homelessness ($564k), Gloria M Silverio Foundation ($564k) and Emages Inc ($564k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $92k (16% of expenses). Other salaries and wages came to $207k. At year end it held assets of $626k against liabilities of $0, net assets of $626k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Partners Ending Homelessness | High Point | $564k |
| Gloria M Silverio Foundation | Miami | $564k |
| Emages Inc | Chicago | $564k |
| Hope City Homes Inc | Kansas City | $564k |