Liberating Ministeries for Christ International Inc

Analysis

Liberating Ministeries for Christ International Inc is a registered charity in United States, based in Bedford, VA. It received its IRS tax-exemption ruling in August 1993, 33 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, Liberating Ministeries for Christ International Inc reported income of $308k and spending of $462k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $389k to $308k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income rose by 401%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Liberating Ministeries for Christ International Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Mike Kruger Ministries Inc ($308k), Vietnam Great Tripitaka Foundation ($308k) and Bonhoeffer Project ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $161k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 6 employees.