Light of Life Ministries / Light of Life Rescue Mission

The information on this page was last updated 2/15/2023. If you see errors or omissions, please email: [email protected]


Summary

Since 1952, Light of Life has been a place where hope and healing meet for men, women, and families experiencing homelessness, poverty, or addiction. We transform lives through the love of Christ.


Contact information

Mailing address:
Light of Life Rescue Mission
913 Western Ave
Pittsburgh, PA 15233

Website: lightoflife.org

Phone: (412) 258-6100

Email: [email protected]


Organization details

EIN: 251056389

CEO/President: Jerrel T. Gilliam

Chairman: Glenn Graner

Board size: 15

Founder:

Ruling year: 1953

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: Yes

Member of ECFA since: 1989


Purpose


Mission statement

Light of Life transforms lives through the love of Christ by providing food, shelter, and hope to men, women, and children experiencing homelessness, poverty, or addiction to restore them as healthy members of our community.


Statement of faith

We believe the Bible to be the inspired, authoritative, and only infallible Word of God and the final authority in all matters of faith and conduct.

We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit.

We believe in the deity and humanity of Christ, in His virgin birth, His sinless life, His miracles, and His substitutionary and atoning death through shedding His own blood; we believe in His bodily resurrection, His ascension to the right hand of the Father, His present rule as Head of the Church, and His personal return in power and glory.

We believe that God wonderfully and immutably creates each person as male and female, and these two distinct, complementary sexes reflect the image and nature of God.

We believe that regeneration by the Holy Spirit is absolutely essential for the salvation of lost and sinful men and women and that this is wholly a work of God's grace, not human effort.

We believe in the present ministry of the Holy Spirit, who enables the Christian to live a godly life by dwelling within him/her.

We believe in the resurrection of both the saved and the lost, those who are saved into everlasting life and fellowship with the Lord and those who are lost into everlasting judgment, condemnation, and separation from God.

We believe in the spiritual unity of all believers in our Lord Jesus Christ, including equality across racial, gender, and class differences.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating978 of 1094148 of 161
Fund acquisition rating813 of 1097131 of 161
Resource allocation rating938 of 1097140 of 161
Asset utilization rating734 of 1094124 of 161

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%15%15%15%20%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%15%15%15%19%19%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%100%99%100%99%99%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
10%20%22%22%21%19%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%0%1%0%1%1%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%69%68%70%73%74%
Spending ratio Spending ratio =
Total expenses /
Total revenue
86%74%70%66%94%100%
Program output ratio Program output ratio =
Program services /
Total revenue
68%51%48%46%69%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
14%26%30%34%6%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
12%13%27%39%7%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%12%10%7%6%7%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.550.360.460.711.071.08
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.842.943.331.501.641.69
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.571.071.531.061.761.83
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.4316.333.4911.1818.5813.50
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.060.290.090.050.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.7010.515.6010.276.446.06
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%2%29%6%3%4%
Debt ratio Debt ratio =
Debt /
Total assets
1%0%4%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
154%268%155%132%90%88%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$6,378,381$2,359,994$3,139,263$509,419$260,551
Receivables, inventories, prepaids$1,604,549$2,501,588$1,881,450$313,010$161,202
Short-term investments$345,073$913,422$2,043,386$2,962,627$3,063,385
Other current assets$0$0$0$0$0
Total current assets$8,328,003$5,775,004$7,064,099$3,785,056$3,485,138
Long-term investments$8,019,278$0$0$0$0
Fixed assets$3,153,319$8,430,643$3,510,881$2,441,186$2,236,265
Other long-term assets$5,013,750$5,013,750$0$0$178,785
Total long-term assets$16,186,347$13,444,393$3,510,881$2,441,186$2,415,050
Total assets$24,514,350$19,219,397$10,574,980$6,226,242$5,900,188
 
Liabilities20212020201920182017
Payables and accrued expenses$510,057$1,654,214$632,017$203,732$258,212
Other current liabilities$0$0$0$0$0
Total current liabilities$510,057$1,654,214$632,017$203,732$258,212
Debt$62,131$690,100$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$3,163,098$0$0$0
Total long-term liabilities$62,131$3,853,198$0$0$0
Total liabilities$572,188$5,507,412$632,017$203,732$258,212
 
Net assets20212020201920182017
Without donor restrictions$21,810,186$12,778,050$7,251,295$6,009,110$5,629,055
With donor restrictions$2,131,976$933,935$2,691,668$13,400$12,921
Net assets$23,942,162$13,711,985$9,942,963$6,022,510$5,641,976
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$11,983,068$12,516,934$11,417,071$6,985,872$6,284,283
Program service revenue$7,616$9,851$27,562$45,760$39,921
Membership dues$0$0$0$0$0
Investment income$75,934$84,022$73,257$47,429$114,414
Other revenue($24,900)($4,437)($86,936)($11,816)($75,039)
Total other revenue$58,650$89,436$13,883$81,373$79,296
Total revenue$12,041,718$12,606,370$11,430,954$7,067,245$6,363,579
 
Expenses20212020201920182017
Program services$6,115,395$6,046,941$5,266,721$4,890,292$4,759,742
Management and general$1,056,786$877,186$562,429$414,485$423,499
Fundraising$1,753,278$1,912,880$1,688,334$1,368,209$1,210,183
Total expenses$8,925,459$8,837,007$7,517,484$6,672,986$6,393,424
 
Change in net assets20212020201920182017
Surplus (deficit)$3,116,259$3,769,363$3,913,470$394,259($29,845)
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,116,259$3,769,363$3,913,470$394,259($29,845)

Compensation

NameTitleCompensation
Jerrel GilliamExecutive Director$90,237
Craig SchweigerCEO$37,924

Compensation data as of: 9/30/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/15/2023. To update the information below, please email: [email protected]


History


Program accomplishments

250,000+ meals
1,500+ homeless people served
1,000+ women and children served


Needs