Living New Ministries International Inc

Analysis

Living New Ministries International Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 2007, 19 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, Living New Ministries International Inc reported income of $347k and spending of $371k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $366k to $347k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living New Ministries International Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Craig Nedrow Ministries ($347k), Journey Ministries ($347k) and Zionist Rabbinic Coalition Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). At year end it held assets of $323k against liabilities of $918, net assets of $322k. It reported 3 employees.