Life Factors Ministries

Analysis

Life Factors Ministries is a registered charity in United States, based in Duncansville, PA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Life Factors Ministries reported income of $198k and spending of $198k, spending 100% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $215k to $198k (-7.7%), an average of -3.9% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Factors Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Faith N Hope International Ministry ($198k), Perry County Council on Aging Inc ($198k) and Southern Tier Veterans Support Group Inc ($198k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $115k (58% of expenses). At year end it held assets of $55k against liabilities of $24k, net assets of $31k. It reported 1 employees.