Living Proof Ministry

Analysis

Living Proof Ministry is a registered charity in United States, based in Florence, AL. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Proof Ministry reported income of $507k and spending of $197k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $442k to $507k (+15%), an average of +7.1% a year. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Living Proof Ministry sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Hidden Haven Christian Camp ($506k), Spirit of Elijah Ministries International ($507k) and Support Military Spouses ($506k).

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 $46k (23% of expenses). Other salaries and wages came to $6,500. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.