Living Out 318 Ministries

Analysis

Living Out 318 Ministries is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Out 318 Ministries reported income of $72k and spending of $75k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $72k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Out 318 Ministries sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Matthew 25 Ministries ($72k), Wayne Group Home Corporation ($72k) and McCook Pantry Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.