Passionlife Ministries

Analysis

Passionlife Ministries is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. 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 September 2021, Passionlife Ministries reported income of $913k and spending of $844k, spending 92% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $442k to $913k (+107%), an average of +44% a year. The sharpest change came in the year to September 2020, when income rose by 78%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Passionlife Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include SXMX Outreach Ministry Inc ($913k), Caribbean Youth Network Inc ($913k) and GHH Ministries ($913k).

On its Form 990 for the period ending September 2021, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $91k (11% of expenses). Other salaries and wages came to $345k. At year end it held assets of $673k against liabilities of $16k, net assets of $658k. It reported 7 employees.