Kosova Life Ministries

Analysis

Kosova Life Ministries is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, Kosova Life Ministries reported income of $159k and spending of $207k, spending 130% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $238k to $159k (-33%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kosova Life Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Dare to Believe ($159k), Fiftytwofour Inc ($159k) and International Peace Initiatives ($159k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $29k against liabilities of $250, net assets of $28k. It reported 3 employees.