Lucha Ministries Inc

Analysis

Lucha Ministries Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in August 2005, 21 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 2022, Lucha Ministries Inc reported income of $70k and spending of $32k, leaving 55% of income unspent that year. Across the 3 years on record, from June 2019 to June 2022, income grew from $31k to $70k (+125%), an average of +50% a year. The sharpest change came in the year to June 2021, when income rose by 107%. 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, Lucha Ministries Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include City of God Inc ($70k), Iglesia Poderoso Gigante ($70k) and Fuel for Truth Inc ($70k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $7,453. At year end it held assets of $139k against liabilities of $0, net assets of $139k.