Soteria Life Ministries

Analysis

Soteria Life Ministries is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1994, 32 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, Soteria Life Ministries reported income of $80k and spending of $84k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $80k (+0.3%), an average of +0.3% a year. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Soteria Life Ministries 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 33rd percentile within TX. Charities of a similar size with the same main cause include Sacred Trust ($80k), Ephesians 412 Global Ministries ($80k) and Joytime Ministries ($80k).

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 $13k against liabilities of $0, net assets of $13k.