Lifebridge Ministries

Analysis

Lifebridge Ministries is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Lifebridge Ministries reported income of $121k and spending of $111k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $121k (-14%), an average of -14% a year. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lifebridge Ministries sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MO. Charities of a similar size with the same main cause include Creative Citizen Studios ($121k), Failsafe for Life ($121k) and Empower All Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 7.5% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.