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Passes our checks

Faithlife Ministries

EIN 84-3305565 · Pikeville, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood74 out of 100GovernanceFair64 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE AN OPPORTUNITY FOR PEOPLE TO LIVE OUT THEIR CHRISTIAN FAITH AND GOD-GIVEN CREATIVITY TO CREATE SOCIAL ENTERPRISES THAT PROVIDE RESOURCES AND CONNECTIONS TO PROGRAMMING TO TRANSITION THOSE AFFECTED BY SUBSTANCE USE DISORDER AND POVERTY INTO A PURPOSE FILLED LIFE.

Income
$455,692
Spending
$322,269
Spent on programs
54%
Reserves
4.9 months of spending
Largest source of income
donations and private grants, 88%
Employees
19
Volunteers
0

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

Good: 74 out of 100. Higher than 50% of charities in its peer group (employment, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.9 months of spending.

  • Debt

    16 of 20

    It owes 23% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 29% of income.

  • Income trend

    15 of 15

    Income rose 184% on the year before.

  • Spending floor

    8 of 15

    54% 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

Fair: 64 out of 100. Higher than 34% of charities in its peer group (employment, $250k to $1m).

  • Independent board

    5 of 25

    1 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    0 of 5

    Reports that it does not keep minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (1)
  1. $172,717 spent. Social enterprise development in the Pikeville area - we've created or launched 5 new ministries in the Pikeville area:Faithlife Market - we served 4,296 customers in 2023 and created much needed community space for college students and working professionals in downtown Pikeville. We also provided affordable meeting space and free meeting space to several nonprofits. We provided 100 free lunches weekly to patrons and residents of Myers Tower, a low housing facility. Battleline Boxing Club - after school youth program serving over 50 students in 2023 where we teach spiritual and physical discipline and mentor at risk youth.;Building development - we've helped redevelop[ two buildings on the bypass with over 2,000 volunteer hours - cleaned out, secured the space to prevent squatters, and started bringing them back to life with new HVAC, plumbing, repairs with the goal to turn the space into a community center in 2024. We hosted Christmas on the bypass where we hosted a neighborhood Christmas part and supported local families there.

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.