Life Assurance Ministries Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Publishes "Proclamation!" magazine online, videos, and podcasts clarifying the new covenant gospel of grace and pointing out the errors of legalism and false religion. Publishes on the web at www.LifeAssuranceMinistries.org and others, and engages in seminars in various locations.
- Income
- $196,495
- Spending
- $180,681
- Spent on programs
- 69%
- Reserves
- 16.4 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 25
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 87% of charities in its peer group (religion, under $250k).
Reserves
35 of 35Spendable reserves would cover 16.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
10 of 15Income fell 6% on the year before.
Spending floor
15 of 1569% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 96% of charities in its peer group (religion, under $250k).
Independent board
25 of 253 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $38,661 spent. Published weekly email "Proclamation" Magazine: 1) Articles that clarify the new covenant gospel of grace and point out the errors of legalism and false religion, 2) News of events presented by Life Assurance Ministries, 3) Letters to the editor and responses, 4) Relevant books, 5) Regular columnists, 6) Links to video and other related content, 7) Some content translated into Spanish and Portuguese.
- $77,322 spent. Video and podcast publishing on the internet: 1) videos of annual conferences and more, 2) weekly podcasts where biblical and experiential topics are discussed, and 3) weekly podcasts comparing published material with biblical themes. Additional podcasts are in the planning stages.
- $9,060 spent. Teaching Seminars and Classes: 1) produce annual 3-day event in Southern California featuring experienced Christian apologists and ministry leaders, 2) teaching focused on the new covenant gospel of grace and the errors of legalism and false religion, 3) weekly and bi-weekly classes in Southern California and also available on Zoom featuring related theological material, 4) Handouts, brochures, and books provided.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2005.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.