THE ORGANIZATION IS DEDICATED TO PROMOTING AND DEFENDING THE ROMAN CATHOLIC RELIGION AND EDUCATING PEOPLE ABOUT THE FAITH. IN ORDER TO ACCOMPLISH THE MISSION AND EDUCATE PEOPLE ABOUT THE FAITH, THE ORGANIZATION DISTRIBUTES CATHOLIC LITERATURE AND AUDIO RECORDINGS THAT PROVIDE INFORMATION ABOUT CATHOLICISM. THE ORGANIZATION ALSO CONDUCTS RELIGIOUS CONFERENCES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.7M
+10.3% YoY
Annual Giving
$166K
+55.0% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$33K
-7.0% YoY
About Eternal Life Inc
Based on IRS filings
Eternal Life Inc is a nonprofit organization focused on Religion Related, based in BARDSTOWN, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.7M in total assets. In 2024, it awarded 5 grants totaling $166K. Net investment income was $683K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,661,676 | $6,040,456 | $5,637,807 |
| Revenue | $820,816 | $686,615 | $2,356,122 |
| Expenses | $356,103 | $329,360 | $333,567 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $683,492 | $514,697 | $56,280 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Holy Angels Academy ($55,000), Immaculate Classical Academy ($50,000), Real Presence Ee & Aa ($47,790).
| Recipient | Purpose | Amount |
|---|---|---|
| HOLY ANGELS ACADEMY | SUPPORT ORTHODOX ROMAN CATHOLIC CAUSES AND PROGRAMS | $55,000 |
| REAL PRESENCE EE & AA | SUPPORT ORTHODOX ROMAN CATHOLIC CAUSES AND PROGRAMS | $47,790 |
| IMMACULATE CLASSICAL ACADEMY | SUPPORT ORTHODOX ROMAN CATHOLIC CAUSES AND PROGRAMS | $50,000 |
| ALAWORTHY VESTMENTS | SUPPORT ORTHODOX ROMAN CATHOLIC CAUSES AND PROGRAMS | $5,100 |
| SHRINE OF OUR LADY OF GUADALUPE | SUPPORT ORTHODOX ROMAN CATHOLIC CAUSES AND PROGRAMS | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP SPALDING | DIR/VP | 1 | — |
| MARTHA SPALDING | DIR/SEC/TREAS | 1 | — |
| THOMAS P MONAGHAN | MEMBER OF BOARD | 4 | — |
| JARED SPALDING | TREASURER | 10 | $18,325 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Eternal Life Inc?
Eternal Life Inc is a nonprofit organization focused on Religion Related, based in BARDSTOWN, KY. It holds $6.7M in total assets as of 2024.
How large is Eternal Life Inc?
As of 2024, Eternal Life Inc holds $6.7M in total assets with $821K in annual revenue. It awarded 5 grants totaling $166K in 2024.
What size grants does Eternal Life Inc award?
In 2024, Eternal Life Inc awarded 5 grants totaling $166K — an average of about $33K per grant, based on its IRS Form 990 filings.
What is Eternal Life Inc's EIN?
Eternal Life Inc's EIN (Employer Identification Number) is 61-1164067. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Eternal Life Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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