Abundant Life Mission Inc

Analysis

Abundant Life Mission Inc is a registered charity in United States, based in Menominee, MI. It received its IRS tax-exemption ruling in April 2015, 11 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 2021, Abundant Life Mission Inc reported income of $199k and spending of $238k, spending 120% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $209k to $199k (-4.8%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 139% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abundant Life Mission Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Quaker Hill Foundation Incorporated ($199k), Premier Christian Media ($199k) and Redeemed Christian Church of God Jesus Pavilion Baltimore ($199k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $516k against liabilities of $365k, net assets of $151k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.