Life Ministries Us
EIN: 811048242 · Albuquerque, NM · NTEE: E42
| Metric | Value |
|---|---|
| Total Revenue | $297K |
| Total Expenses | $244K |
| Net Assets | $55K |
Is Life Ministries Us Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Life Ministries Us
Life Ministries Us (EIN: 811048242) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code E42. The organization reported total revenue of $297K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Life Ministries Us's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Life Ministries Us is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 30.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $282K |
| Total Expenses | $244K |
| Surplus / Deficit | +$38K |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | 13.4% |
| Months of Reserves | 2.7 months |
Financial Health Grade: A
In 2023, Life Ministries Us reported a surplus of $38K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), Life Ministries Us's revenue has grown at a compound annual growth rate (CAGR) of 30.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | -24.2% | -16.3% |
| 2022 | -21.1% | +64.3% | -55.2% |
| 2021 | +68.9% | +7.7% | +288.6% |
| 2020 | +70.8% | +89.3% | +97.8% |
| 2019 | +44.1% | +41.6% | +121.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Life Ministries Us has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Life Ministries Us with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
Frequently Asked Questions about Life Ministries Us
Is Life Ministries Us a legitimate charity?
Life Ministries Us (EIN: 811048242) is a registered tax-exempt nonprofit based in New Mexico. It has 6 years of IRS 990 filings on record. Total revenue: $297K. No red flags identified. Financial health grade: A.
How does Life Ministries Us spend its money?
Life Ministries Us reported $297K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Life Ministries Us tax-deductible?
Life Ministries Us is registered as a tax-exempt nonprofit (EIN: 811048242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Life Ministries Us located?
Life Ministries Us is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 811048242. It is classified under NTEE code E42.
How many years of IRS 990 filings does Life Ministries Us have?
Life Ministries Us has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $297K in total revenue.
Filing History
IRS 990 filing history for Life Ministries Us showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Life Ministries Us's revenue has grown by 284.1%, moving from $73K to $282K. Total assets increased by 539.1% over the same period, from $9K to $55K. Total functional expenses rose by 259.4%, from $68K to $244K. In its most recent filing year (2023), Life Ministries Us reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $282K | $244K | $55K | $0 | — | View 990 |
| 2022 | $241K | $322K | $66K | $0 | — | View 990 |
| 2021 | $305K | $196K | $147K | $0 | — | View 990 |
| 2020 | $181K | $182K | $38K | $0 | — | View 990 |
| 2019 | $106K | $96K | $19K | $0 | — | View 990 |
| 2018 | $73K | $68K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $282K, expenses of $244K, and assets of $55K (revenue +17.1% year-over-year).
- 2022: Revenue of $241K, expenses of $322K, and assets of $66K (revenue -21.1% year-over-year).
- 2021: Revenue of $305K, expenses of $196K, and assets of $147K (revenue +68.9% year-over-year).
- 2020: Revenue of $181K, expenses of $182K, and assets of $38K (revenue +70.8% year-over-year).
- 2019: Revenue of $106K, expenses of $96K, and assets of $19K (revenue +44.1% year-over-year).
- 2018: Revenue of $73K, expenses of $68K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Life Ministries Us:
Data Sources and Methodology
This transparency report for Life Ministries Us is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.