Life-Line Ministries No 2

Analysis

Life-Line Ministries No 2 is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Life-Line Ministries No 2 reported income of $250k and spending of $252k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $250k (+3.0%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life-Line Ministries No 2 sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Hello Gorgeous of Hope Inc ($250k), Pike Regional Child Advocacy Center ($250k) and Shakopee Supportive Housing Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $45k (18% of expenses). At year end it held assets of $10k against liabilities of $0, net assets of $10k. It reported 1 employees.