Lighthouse Medical Ministries Incorporated

Analysis

Lighthouse Medical Ministries Incorporated is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Lighthouse Medical Ministries Incorporated reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.7m (-34%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lighthouse Medical Ministries Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Greenwoods Counseling Referrals Inc ($1.7m), Stony Brook Dental Associates Inc ($1.7m) and Pentz Run Youth Services Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $88, net assets of $152k.