Latter Glory Ministries

Analysis

Latter Glory Ministries is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2003, 23 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, Latter Glory Ministries reported income of $140k and spending of $158k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $140k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Latter Glory Ministries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Combat Team Ministries ($140k), Unleashed Now Inc ($140k) and Iglesia Siervos de Dios Adonai Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $30k (19% of expenses). At year end it held assets of $38k against liabilities of $4,311, net assets of $33k. It reported 2 employees.