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Lamp Minstries

RegisteredEIN 13-3110268Bronx, NYReligion
Income$334k2024-06
Spending$376ksame year
Spent / received68%5-year average
Size in its cause77th pctReligion
Exempt since1987Publicly supported organisat
Employees11latest return

Analysis

Lamp Minstries is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2024, Lamp Minstries reported income of $334k and spending of $376k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $373k to $334k (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2023, when income rose by 151%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lamp Minstries sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Contagious Love International ($334k), Nehemiah Teams ($334k) and The Single Mom KC ($334k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $156k. At year end it held assets of $976k against liabilities of $2,177, net assets of $974k. It reported 11 employees.

Income and spending

$0$258k$515k$773k$1.0m2020 Income: $372,7362020 Spending: $351,73720202021 Income: $435,8432021 Spending: $283,20120212022 Income: $410,0362022 Spending: $333,01020222023 Income: $1,030,0682023 Spending: $411,19520232024 Income: $334,0282024 Spending: $376,4202024
IncomeSpending

Where the income comes from

  • Contributions & grants 77%
  • Other 23%

Similar-sized charities, same cause

CharityLocationIncome
Contagious Love InternationalSpring Hill$334k
Nehemiah TeamsMentone$334k
The Single Mom KCOverland Park$334k
Gather the RemnantsChantilly$335k