Lost Lamb Evangelistic Association

Analysis

Lost Lamb Evangelistic Association is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lost Lamb Evangelistic Association reported income of $1.7m and spending of $824k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $1.7m (+264%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lost Lamb Evangelistic Association sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ME. Charities of a similar size with the same main cause include Brightmoor Christian Church Endowment Fund ($1.7m), Aldersgate Enrichment Center Inc ($1.7m) and Cutting Edge International Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $201k (24% of expenses). At year end it held assets of $2.9m against liabilities of $11k, net assets of $2.9m. It reported 8 employees.