Passion for Life Ministries Inc

Analysis

Passion for Life Ministries Inc is a registered charity in United States, based in Foley, AL. It received its IRS tax-exemption ruling in December 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, Passion for Life Ministries Inc reported income of $98k and spending of $94k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $98k (+8.1%), an average of +8.1% 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, Passion for Life Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include St John of the Cross Foundation ($98k), Guardians of Odiyan Endowment ($98k) and Possibility Place Christian Mission Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.