Abundant Life Ministries Inc

Analysis

Abundant Life Ministries Inc is a registered charity in United States, based in Ponca, NE. It received its IRS tax-exemption ruling in October 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, Abundant Life Ministries Inc reported income of $79k and spending of $81k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $79k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abundant Life Ministries Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NE. Charities of a similar size with the same main cause include Philip Webb Sacred Arts Inc ($79k), Helping Heal the Earth Through Prayer ($79k) and Christians for Environmental Stewardship ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.