City of Life Ministries

Analysis

City of Life Ministries is a registered charity in United States, based in Nokomis, FL. It received its IRS tax-exemption ruling in November 2023, 3 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, City of Life Ministries reported income of $219k and spending of $7,366, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $219k (+993%), an average of +993% a year. The sharpest change came in the year to December 2023, when income rose by 993%. Over the whole period it spent 4.4% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, City of Life Ministries sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Bridge the Gap Ministries ($219k), Freedom Train Inc ($219k) and Doulos Global Ministries Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.