Life Connect Ministries International

Analysis

Life Connect Ministries International is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Life Connect Ministries International reported income of $125k and spending of $121k, spending 96% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $110k to $125k (+14%), an average of +14% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Connect Ministries International sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Mpact Mens Ministries Inc ($125k), Ignition Point Ministries Inc ($125k) and Mighty Fortress Foundation ($125k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.