Lifestyle Medical Ministry
Analysis
Lifestyle Medical Ministry is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lifestyle Medical Ministry reported income of $498k and spending of $635k, spending 128% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $199k to $498k (+150%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 112% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lifestyle Medical Ministry sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Doctors Without Walls-Santa Barbara Street Medicine ($498k), Golden Crescent Regional Advisory Council ($498k) and Narcolepsy Network Inc ($498k).
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 $368k (58% of expenses). At year end it held assets of $84k against liabilities of $45k, net assets of $39k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Doctors Without Walls-Santa Barbara Street Medicine | Santa Barbara | $498k |
| Golden Crescent Regional Advisory Council | Victoria | $498k |
| Narcolepsy Network Inc | New York | $498k |
| Virginia Eye Foundation | Norfolk | $498k |