Living Proof Ministries

Analysis

Living Proof Ministries is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Living Proof Ministries reported income of $2.8m and spending of $3.1m, spending 111% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.8m to $2.8m (+52%), an average of +11% a year. The sharpest change came in the year to April 2022, when income rose by 73%. Over the whole period it spent 139% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Proof Ministries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Evangelical Development Ministry ($2.8m), Torah Links of Lakewood Inc ($2.8m) and Sacramento Camp and Conference Center Inc ($2.8m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 15% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $423k (14% of expenses). Other salaries and wages came to $664k. At year end it held assets of $10.7m against liabilities of $292k, net assets of $10.4m. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.