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Good Life Broadcasting Inc

Registered · see notesEIN 59-2112394Lake Mary, FLReligion
Income$3.3m2023-12
Spending$4.7msame year
Spent / received180%5-year average
Size in its cause97th pctReligion
Exempt since2025Church
Employees19latest return

Analysis

Good Life Broadcasting Inc is a registered charity in United States, based in Lake Mary, FL. It received its IRS tax-exemption ruling in April 2025. 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 2023, Good Life Broadcasting Inc reported income of $3.3m and spending of $4.7m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 180% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good Life Broadcasting Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Radio Vision Cristiana Inc ($3.3m), Influencers Global Ministries ($3.3m) and Liberty Proclaimed Ministry ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Other salaries and wages came to $708k. At year end it held assets of $55.0m against liabilities of $239k, net assets of $54.8m. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.

Income and spending

$0$1.9m$3.8m$5.7m$7.5m2019 Income: $2,878,5742019 Spending: $2,885,17420192020 Income: $2,805,4582020 Spending: $5,918,29920202021 Income: $3,345,7892021 Spending: $7,535,04620212022 Income: $3,020,7852022 Spending: $6,526,19120222023 Income: $3,313,9222023 Spending: $4,712,4042023
IncomeSpending

Where the income comes from

  • Contributions & grants 41%
  • Other 59%

Similar-sized charities, same cause

CharityLocationIncome
Radio Vision Cristiana IncPaterson$3.3m
Influencers Global MinistriesBentonville$3.3m
Liberty Proclaimed MinistryFort Worth$3.3m
Delta Streets Ministries IncGreenwood$3.3m