Living Bridges Ministry Corporation

Analysis

Living Bridges Ministry Corporation is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in November 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, Living Bridges Ministry Corporation reported income of $615k and spending of $344k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $778k to $615k (-21%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Bridges Ministry Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within GA. Charities of a similar size with the same main cause include Trinity Episcopal Church of Fort Worth Inc Foundation ($615k), Zion Multimedia Corp ($615k) and Ministerios Tierra Prometida Inc ($614k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $676k against liabilities of $1,389, net assets of $675k. It reported 4 employees.