Light of Life Ministries

Analysis

Light of Life Ministries is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in May 2019, 7 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, Light of Life Ministries reported income of $434k and spending of $466k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $334k to $434k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of Life Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include Friends of Beis Chana Tzfas Inc ($434k), Benedictine Project Corporation ($434k) and Take the Nations-Usa ($434k).

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 $111k (24% of expenses). Other salaries and wages came to $157k. At year end it held assets of $615k against liabilities of $676k, net assets of -$60k. It reported 14 employees.