Sharing Life Ministries Inc

Analysis

Sharing Life Ministries Inc is a registered charity in United States, based in Ridgeley, WV. It received its IRS tax-exemption ruling in July 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 2023, Sharing Life Ministries Inc reported income of $123k and spending of $117k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $123k (-3.8%), an average of -3.8% a year. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sharing Life Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within WV. Charities of a similar size with the same main cause include Follower of One Inc ($123k), New Beginnings House of Prayer ($123k) and Golden Spur Ministries Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $2,242, net assets of $93k.