The Living Faith Inc
Analysis
The Living Faith Inc is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2024, The Living Faith Inc reported income of $324k and spending of $304k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $252k to $324k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Living Faith Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include Inner City Christian Ministries ($324k), On Campus Ministries ($324k) and Evangelium Institute Inc ($323k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (14% of expenses). Other salaries and wages came to $36k. At year end it held assets of $154k against liabilities of $904, net assets of $153k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inner City Christian Ministries | Minneapolis | $324k |
| On Campus Ministries | Rohnert Park | $324k |
| Evangelium Institute Inc | Omaha | $323k |
| Build-Building a United Inter-Faith Lexington Through Direct-Action | Lexington | $324k |