Living Word Ministries International Inc

Analysis

Living Word Ministries International Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 Word Ministries International Inc reported income of $1.9m and spending of $1.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $1.9m (+7.0%), an average of +1.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Living Word Ministries International Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include St Elizabeth Catholic Charities Inc ($1.9m), Bandera County Committee on Aging Inc ($1.9m) and Eos-Esd Association Inc ($1.9m).

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 $214k (11% of expenses). Other salaries and wages came to $209k. At year end it held assets of $973k against liabilities of $0, net assets of $973k. It reported 6 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.