Speak Life and Live

Analysis

Speak Life and Live is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Speak Life and Live reported income of $166k and spending of $169k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $181k to $166k (-8.4%), an average of -4.3% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Speak Life and Live sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Scholars Gospel Work ($166k), Caspar McCloud Ministries Inc ($166k) and Horizon Media Studios Inc ($166k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.