Living Proof Ministries Inc

Analysis

Living Proof Ministries Inc is a registered charity in United States, based in Pisgah, AL. It received its IRS tax-exemption ruling in January 2001, 25 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, Living Proof Ministries Inc reported income of $1.2m and spending of $818k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $787k to $1.2m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Proof Ministries Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Bike Walk KC ($1.2m), Sword of the Spirit ($1.2m) and Loving Grace Ministries Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $221k. At year end it held assets of $3.1m against liabilities of $703k, net assets of $2.4m. It reported 21 employees.