Living Encouraged Ministries

Analysis

Living Encouraged Ministries is a registered charity in United States, based in Royse City, TX. It received its IRS tax-exemption ruling in March 2024, 2 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, Living Encouraged Ministries reported income of $214k and spending of $211k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $214k (+14%), an average of +14% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Encouraged Ministries sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Nutrition Security Solutions Inc ($214k), Mission of Hope ($214k) and Block Community Outreach Inc ($214k).

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 $214k against liabilities of $214k, net assets of $0.