L I F E Ministries Inc
Only null% goes to programs Strong reserves Growing revenue
L I F E Ministries Inc is a 501(c)(3) organization based in Wolfeboro, New Hampshire, registered in 1985, with $478,348 in FY2024 revenue. CharityIndex grades it B.
Po Box 476, Wolfeboro, NH, 03894 EIN 02-0387107 Since 1985
Revenue (FY2024)
$478K
▼ 8.6% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$492K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L I F E Ministries Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating43 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L I F E Ministries Inc: 43 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L I F E Ministries Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L I F E Ministries Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 476, Wolfeboro, NH, 03894
- City
- Wolfeboro
- State
- New Hampshire
- Category
- Food, Agriculture & Nutrition
- Subcategory
- Food Programs & Banks
- Website
- …
Financial trends
Revenue grew from $243K (FY2013) to $478K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.8M
Operating margin
-2.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$0
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $478,348▼8.6% | $491,716▲20.7% | $1,756,386▲1.1% | $1,756,386▲1.1% | 990 |
| 2023 | $523,525▲100.0% | $407,259▲26.5% | $1,736,877▲6.7% | $1,736,877▲6.7% | 990 |
| 2022 | $261,799▼30.4% | $321,986▲104% | $1,627,451▼2.0% | $1,627,451▼2.0% | 990 |
| 2021 | $376,225▼47.7% | $157,704▼28.8% | $1,660,406▲15.2% | $1,660,406▲15.2% | 990 |
| 2020 | $719,527▲158% | $221,632▼6.7% | $1,441,799▲52.7% | $1,441,799▲52.6% | 990 |
| 2019 | $278,505▼5.6% | $237,506▲5.2% | $943,904▲4.8% | $944,569▲4.0% | 990 |
| 2018 | $294,916▲2.3% | $225,751▲17.0% | $900,660▲8.3% | $908,350▲8.0% | 990 |
| 2017 | $288,295▲12.9% | $193,027▲36.2% | $831,495▲12.9% | $840,729▲11.8% | 990 |
| 2016 | $255,318▲13.8% | $141,684▼19.1% | $736,227▲18.3% | $752,054▲17.3% | 990 |
| 2015 | $224,309▲8.8% | $175,096▲26.7% | $622,593▲5.7% | $641,265▲8.9% | 990 |
| 2014 | $206,206▼15.1% | $138,200▼3.0% | $589,046▲13.1% | $589,046▲13.1% | 990 |
| 2013 | $242,776 | $142,482▲30.4% | $521,040▲23.8% | $521,040▲23.8% | 990 |
| 2012 | — | $109,270 | $420,746 | $420,746 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $366K total
16 grants to L I F E Ministries Inc totaling $366K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Hampshire Charitable Foundation | For general support, food pantry and purchase of food | 2024 | $50,355 |
| New Hampshire Charitable Foundation | For general support, food pantry and purchase of food | 2023 | $19,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $19,200 |
| New Hampshire Charitable Foundation | For the food pantry, general support | 2022 | $20,550 |
| New Hampshire Charitable Foundation | For general support, food distribution | 2021 | $18,250 |
| New Hampshire Charitable Foundation | For general/operating/ covid-19 support, food pantry | 2020 | $98,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $7,200 |
| New Hampshire Charitable Foundation | For general support and the food pantry needs | 2019 | $16,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $10,300 |
| New Hampshire Charitable Foundation | For general support, the food pantry and purchase/deliver food | 2018 | $17,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $14,850 |
| New Hampshire Charitable Foundation | For food, pantry renovations and general support | 2017 | $21,000 |
| New Hampshire Charitable Foundation | For food purchase and general support | 2016 | $16,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $8,750 |
| New Hampshire Charitable Foundation | For general support and food | 2015 | $11,000 |
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Frequently asked questions
- Is L I F E Ministries Inc a legitimate nonprofit?
- Yes. L I F E Ministries Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0387107, based in Wolfeboro, New Hampshire. Donations are tax-deductible.
- What is L I F E Ministries Inc's EIN?
- L I F E Ministries Inc's Employer Identification Number (EIN) is 02-0387107.
- How much revenue does L I F E Ministries Inc report?
- L I F E Ministries Inc reported $478,348 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L I F E Ministries Inc have?
- CharityIndex grades L I F E Ministries Inc B, based on financial health (reserves and operating margin).
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Data for L I F E Ministries Inc (EIN 02-0387107) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.