Live the Life Ministries Inc

Analysis

Live the Life Ministries Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 1998, 28 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 2022, Live the Life Ministries Inc reported income of $5.6m and spending of $6.2m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.4m to $5.6m (+138%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 75%. 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, Live the Life Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Reasons to Believe ($5.6m), Friends of the Great Commission ($5.6m) and Clearshare Health ($5.6m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 85% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $1.4m against liabilities of $522k, net assets of $893k.