Triumphant Life Ministries

Analysis

Triumphant Life Ministries is a registered charity in United States, based in Lake Orion, MI. It received its IRS tax-exemption ruling in June 2014, 12 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 2022, Triumphant Life Ministries reported income of $67k and spending of $72k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $50k to $67k (+36%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 143%. 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, Triumphant Life Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Voice of Liberty North America ($67k), St John Community Development Corp ($68k) and New Commission Fellowship ($67k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.