David Lugo Ministries Inc

Analysis

David Lugo Ministries Inc is a registered charity in United States, based in Grandview, MO. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, David Lugo Ministries Inc reported income of $111k and spending of $112k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $111k (-41%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, David Lugo Ministries Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Sudama Offerings ($111k), All Souls Crossroad Church Inc ($112k) and American Society of Missiology Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $2,891, net assets of $63k.