Lifespring Ministries Inc

Analysis

Lifespring Ministries Inc is a registered charity in United States, based in Moultrie, GA. It received its IRS tax-exemption ruling in December 1999, 27 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, Lifespring Ministries Inc reported income of $139k and spending of $140k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $105k to $139k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lifespring Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Between Bridges Ministry Inc ($139k), Broken Grounds Church ($139k) and Compassion Church Hannibal ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,000 (4.3% of expenses). At year end it held assets of $461k against liabilities of $297k, net assets of $164k. It reported 1 employees.