Life Out of Death Ministries Inc

Analysis

Life Out of Death Ministries Inc is a registered charity in United States, based in Carolina Shor, NC. It received its IRS tax-exemption ruling in September 1995, 31 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, Life Out of Death Ministries Inc reported income of $206k and spending of $187k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $206k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life Out of Death Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include Iglesia Pentecostal Poder Desde Lo Alto ($206k), Jehovah Jireh Ministries Inc ($206k) and Libertad En Cristo Ministries Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $80k (43% of expenses). At year end it held assets of $59k against liabilities of $0, net assets of $59k.