Practical Living Ministry

Analysis

Practical Living Ministry is a registered charity in United States, based in Lorton, VA. It received its IRS tax-exemption ruling in January 2011, 15 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, Practical Living Ministry reported income of $51k and spending of $57k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $51k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 148% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Practical Living Ministry sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Intercessory Prayer Ministry International Inc ($51k), Jeremiahcry Ministries ($51k) and Catholic Engaged Encounter of Fresno Inc ($51k).

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 $12k against liabilities of $0, net assets of $12k.