Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Gospel Light Mennonite Church Medical Aid Plan Inc, operating under the name Liberty Healthshare, is a not-for-profit health care sharing ministry focused on providing a community-based solution for medical expenses among its members, even when pre-existing conditions are present. With an operating budget of $29.4 million and total revenue of $163.4 million for the 2024 filing year, the organization does not rely on any single funder for more than 50% of its revenue. More information can be found on their website at www.libertyhealthshare.org.

Mission Statement

GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN, INC., DBA LIBERTY HEALTHSHARE, IS A NOT-FOR-PROFIT HEALTH CARE SHARING MINISTRY. A HEALTH CARE SHARING MINISTRY IS A TAX-EXEMPT ORGANIZATION WHOSE MEMBERS SHARE MEDICAL EXPENSES EVEN AFTER A MEMBER DEVELOPS A MEDICAL CONDITION.
Revenues
$163.4M
Expenses
$166.9M
Net Income:
-$3.5M
Assets
$29.7M
Liabilities
$4.7M
Net Assets:
+$25M
Operating Budget
$29.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$6K
Largest grant received
$17K
D
Dorsey Morrow
Board Member
P
Phyllis Ingram
Board Member
W
William Castleberry Thru 1012024
Board Member

Frequently Asked Questions

What is GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC’s budget?
In 2024, GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC reported an annual operating budget of around $29.4 million. More detailed financial information is available to registered users.
What causes does GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC support?
GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC supports work in Christianity.
Where does GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC operate?
GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC is headquartered in Canton, OH.
Who funded GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC recently?
In 2020, GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC received grants from DONOR ADVISED CHARITABLE GIVING INC, ONESHARE INTERNATIONAL, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC received in 2020?
The largest grant to GOSPEL LIGHT MENNONITE CHURCH MEDICAL AID PLAN INC in 2020 exceeds $17 thousand.