Marked for Life Ministries

Analysis

Marked for Life Ministries is a registered charity in United States, based in Fort Payne, AL. It received its IRS tax-exemption ruling in June 2021, 5 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, Marked for Life Ministries reported income of $202k and spending of $206k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $171k to $202k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marked for Life Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within AL. Charities of a similar size with the same main cause include Men of Valor Inc ($202k), Church of Christ in Marlborough Inc ($202k) and Truth Matters TR ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (25% of expenses). Other salaries and wages came to $33k. At year end it held assets of $14k against liabilities of $0, net assets of $14k.